Ballard Corporation received its corporate charter on January 2, 2013. The charter authorized the following classes of capital stock: Preferred stock, $100 par value, 10% cumulative, 50,000 shares Common stock, $5 par value, 500,000 shares. During 2013, the following transactions occurred: Jan. 4 Issued 5,000 shares of common stock to each of the three incorporators at $20 per share. Cash was received in full from two of the incorporators; the third incorporator received common stock for legal services he performed for the corporation. 18 Sold 6,000 shares of preferred stock for $105 per share. Apг. 6 Sold 60,000 shares of common stock for $26 per share. Aug. 10 Issued 12,000 shares of common stock in exchange for land. The market value of the common stock on that date was $30 per share, and the appraised value of the land was $380,000. Oct. 12 Declared the annual dividend on the preferred stock. Nov. 15 Paid the preferred stock dividend. Dec. 31 Closed the $186,000 credit balance in the Income Summary account. 31 Closed the balance in the Dividend Declared account.

EQUITY TRANSACTIONS JOURNAL ENTRIES Use the following stock and equity transactions to record journals and prepare a partial Balance Sheet: HINT: you will need to keep track of the various equity accounts. I will give you two of the accounts you will need: CS, Par and APIC, but there are a few others. You may use a schedule/table, T accounts, or your own method. 1. Equity Financing Inc (EFI) is formed on Jan 1, 2020 and establishes 50,000 shares of common stock authorized with a par value of $.50 per share. 2. EFI issues 4000 shares of CS to the founding owner in exchange for land with a FMV of $5000 AND cash of $10,000. 3. On January 31, EFI sells 2000 shares of Common Stock for cash at $15 per share. 4. On March 31, EFI completes a 1 for 2 FORWARD stock split. 5. On June 15th EFI repurchases 1,000 shares of its own stock for $10 per share. 6. On November 15th, EFI declares a cash dividend payable in the next accounting period of $1 per share outstanding. 7. Net income for the…

please answer it with complete and correct working and steps  answer in text

eBook   Show Me How Video Question Content Area Statement of stockholders' equity Financial information related to All Seasons Company for the month ended June 30, 20Y7, is as follows: Common stock, June 1, 20Y7 $54,000 Stock issued in June 46,000 Net income for June 103,480 Dividends during June 11,380 Retained earnings, June 1, 20Y7 789,600 Prepare a statement of stockholders' equity for the month ended June 30, 20Y7. If an amount box does not require an entry, leave it blank. Enter negative value for dividends. All Seasons CompanyStatement of Stockholders' EquityFor the Month Ended June 30, 20Y7 blank Common Stock Retained Earnings Total   $- Select - $- Select - $- Select -   - Select - - Select - - Select -   - Select - - Select - - Select -   - Select - - Select - - Select -   $- Select - $- Select - $- Select -

Required: Prepare the stockholders' equity section of the balance sheet for For Feet's Sake as of December 31, 2024. (Amounts to be deducted should be indicated by a minus sign.) FOR FEET'S SAKE Balance Sheet (Stockholders' Equity Section) December 31, 2024 Stockholders' equity: Retained earnings Common stock Additional paid-in capital Total paid-in capital Total stockholders' equity S 0

Please help me

The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) follow.5. How much net income did the company earn this year?

The following events occurred Gargantuan's first year of operations: 1. Acquired $36,000 cash from the issue of common stock on January 1, 2018. 2. Purchased $1,600 of supplies on account. 3. Paid $6,120 cash in advance for a one-year lease on office space. 4. Earned $44,350 of revenue on account. 5. Incurred $14,900 of other operating expenses on account. 6. Collected $32,000 cash from accounts receivable. 7. Paid $9,800 cash on accounts payable. 8. Paid a $4,600 cash dividend to the stockholders. Adjusting Entries information 9. There was $310 of supplies on hand at the end of the accounting period. 0. The lease on the office space covered a one-year period beginning November 1. 11. There was $5,200 of accrued salaries at the end of the period.

On May 1, Year 1, Love Corporation declared a $97,400 cash dividend to be paid on May 31 to shareholders of record on May 15.  a. Prepare journal entries for all events associated with the dividend. Prepare the closing entry on December 31 for dividends.