Question: You skipped this question in the previous attempt. GL1101-Based on Problem 11-2A Kohler Company LO C3, P2, P3 Kohler Corporation reports the following components of
You skipped this question in the previous attempt. GL1101-Based on Problem 11-2A Kohler Company LO C3, P2, P3 Kohler Corporation reports the following components of stockholders' equity on December 31, 2016: Common stock-$10 par value, 100,000 shares authorized, 40,000 ahazes iseued and outatanding Retained earnings Total stockholders' equity $400,000 60, 000 270,000 s 730, 000 Pnint rencesIn year 2017, the following transactions affected its stockholders equity accounts. Jan. 1 Purchased 4,000 shares of its own stock at $20 cash per share. record Fub. 28 Paid the dividend declared on January S July 6 Sold 1,500 of its treasury shares at $24 cash per share. Aug. 22 Sold 2,500 of its treasury =hares at $17cash por share Sept. 5 Diroctors declared a $2 per share cash dividend payable on octobez 23 to the Septenber 25 , record Oct. 28 Paid the dividond declared on Septanber 5. Dec. 31 closed the $388,000 credit balanco (Erom nat incone) in the a ementeumal Impact orn Equity RE holders' equity. Enter For each transaction, indicate the impact on total stock K Prev 8.of 8 Next
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