Do Honewok-Haneh Smon-Google Chrome Secure https//www.mathad.com/Student/PlayerH

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Do Honewok-Haneh Smon-Google Chrome Secure https//www.mathad.com/Student/PlayerHomework.aspx?homeworkld 4892459818questionild 4flushed-faseicld 50733068centerwinayes ACC 102 Summer 2018 Hannah Simon& 7/8/18 6:40 PM untir Homework: GRADED Chapter 13 HVW HW Score : 0%, ood 4 pts Score: 0 of 1 pt 44 of 4 (0 complete) Question Help P13-44A (similar to) The balance sheet of Collin Management Consulting Inc at December 31,2017, eported the following stockholders' equity EB (Cick the icon to view the shockholdens' equity section of the balance sheet.) During 2018, Collin completed the following selected ansacions Test (Click the icon to vlew the transacions Read the teauirement Requirement 1. Record the transactions in the general jpoumalRecord dblis fist then credts Select the esplanation on the lst in Feb 6 Declared . 15% stock dividend on the common stock The matet vaue el Cows stock was S29 per share of the joumal entry tbl Debit Accounts and Explanation Feb. 6 choose som any list or emer any number in the imput fieids and then click Check Ase 5

Explanation / Answer

Journal entries: Date Accounts title and explanations Debit $ Credit $ 6-Feb Retained earnings Account Dr. (3000 shares @29) 87000      Stock dividend distributable Account 45000      Paid in capital-Common 42000 15-Feb Stock dividend distributable Account Dr. 45000     Common Stock capital 45000 29-Jul Treasury Stock Account Ddr. 49300      Cash account (1700*29) 49300 27-Nov Dividend account Dr. 213000     Dividend payable account (20000+3000-1700)*10 213000

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