Your answer is partially correct.

Prepare the stockholders' equity section of the balance sheet at March $31.($Enter account name only and do not provide descriptive

information.$)$

ORIOLE CORPORATION

Partial Balance Sheet

March $31,2022$

Paid$-$in Capital

Retained Earnings

Common Stock $($b$)$

Prepare the stockholders' equity section of the balance sheet at June $30.($Enter account name only and do not provide descriptive

information.$)($c$)$

Prepare the stockholders' equity section of the balance sheet at September $30.($Enter account name only and do not provide

descriptive information.$)$

ORIOLE CORPORATION

Partial Balance Sheet$($d$)$

Prepare the stockholders' equity section of the balance sheet at December $31,2022.($Enter account name only and do not provide

descriptive information.$)$

ORIOLE CORPORATION

Partial Balance Sheet

$On January $1,2022,$ Oriole Corporation had the following stockholders' equity accounts.

During the year, the following transactions occurred.

Feb. $1$ Declared a $$1$ cash dividend per share to stockholders of record on February $15,$ payable March $1.$

Mar. $1$ Paid the dividend declared in February.

Apr. $1$ Announced a $3-$for$-1$ stock split. Prior to the split, the market price per share was $$36.$

July $1$ Declared a $5\%$ stock dividend to stockholders of record on July $15,$ distributable July $31.$ On July $1,$ the market price of

the stock was $$10$ per share.

$31$ Issued the shares for the stock dividend.

Dec. $1$ Declared a $$0\mathrm{.}40$ per share dividend to stockholders of record on December $15,$ payable January $5,2023.$

$31$ Determined that net income for the year was $$382,000.$