Using the following accounts and balances, prepare the Stockholders’ Equity section of the balance sheet using Method 1 ofExhibit 8. Refer to the lists of Accounts and Amount Descriptions provided for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtracted or negative numbers use a minus sign.   One hundred thousand shares of common stock are authorized, and 5,000 shares have been reacquired.   Common Stock, $2 par$ 150,000Paid-In Capital from Sale of Treasury Stock60,000Paid-In Capital in Excess of Par—Common Stock2,250,000Retained Earnings10,880,000Treasury Stock140,000.

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On April 1, 9,000 shares of $8 par common stock were issued at $22, and on April 7, 2,000 shares of $80 par preferred stock were issued at $104. Journalize the entries for April 1 and 7. If an amount box does not require an entry, leave it blank. Apr. 1 fill in the blank 2fill in the blank 3fill in the blank 5fill in the blank 6fill in the blank 8fill in the blank 9Apr. 7 fill in the blank 11fill in the blank 12fill in the blank 14fill in the blank 15fill in the blank 17fill in the blank 18

Prepare all journal entries and adjusting journal entries necessary to record all of Red Robin’s transactions related to its stockholders’ equity. See information below: Stockholders’ Equity On January 1 of the current year, Red Robin had 441,100 shares of $1 par value common stock issued (i.e., the shares had been issued prior to the current year). They have 1,245,000 shares authorized and 400,200 shares outstanding. Red Robin has had only one stock repurchase transaction in its history. On August 1 of the current year, Red Robin reissued 6,650 shares for$24 per share. On December 1 of the current year, Red Robin reissued 11,700 shares at $12 per share. Red Robin declared dividends of 18 cents per share on the last day of each calendar quarter and paid them on the 5th day of the 1st month of each calendar quarter. For the sake of simplicity, assume the date of record is also the last day of each calendar quarter. Red Robin did not declare any dividends in the prior year.

Zen Aerospace Corporation reported the following equity account balances on December 31, 2022: Preferred shares, $3.60 cumulative, unlimited shares authorized Common shares, unlimited shares authorized, 23,500 shares issued and outstanding Retained earnings 648,600 331,000 In 2023, the company had the following transactions affecting shareholders and the shareholders' equity accounts: Jan. 1 Purchased and retired 2,700 common shares at $36 per share. 14 The directors declared an 9% share dividend distributable on February 5 to the January 30 shareholders of record. The shares were trading at $46.30 per share. 30 Date of record regarding the 9% share dividend. 5 Date of distribution regarding the 9% share dividend. Feb. July 6 Sold 5,700 preferred shares at $67 per share. Sept. 5 The directors declared a total cash dividend of $48,006 payable on October 5 to the September 20 shareholders of record. Oct. 5 The cash dividend declared on September 5 was paid. Dec. 31 Closed the $472,600…

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Required information [The following information applies to the questions displayed below.] The stockholders' equity section of The Seventies Shop is presented here. THE SEVENTIES SHOP Balance Sheet (partial) ($ in thousands) Stockholders' equity: Preferred stock, $50 par value Common stock, $5 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock Total stockholders' equity $0 13,000 28,600 Basec the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands. Average price 41,600 46,000 (2,300) $85,300 3. Total paid-in capital is $41.60 million. At what average price per share were the common shares issued? per share

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