I need this to put into a(n) excel preed sheet as a Journal; The following selec

Question

I need this to put into a(n) excel preed sheet as a Journal;

The following selected accounts appear in the ledger of EJ Construction Inc. at the beginning of the current fiscal year:

During the year, the corporation completed a number of transactions affecting the stockholders’ equity

The owners' equity in a corporation.

. They are summarized as follows:

The stock outstanding when a corporation has issued only one class of stock.

Journalize the entries to record the transactions. Refer to the Chart of Accounts for exact wording of account titles.

Preferred 1% Stock, $50 par (100,000 shares authorized, 79,600 shares issued) $3,980,000 Paid-In Capital in Excess of Par—Preferred Stock 159,200 Common Stock, $3 par (5,000,000 shares authorized, 1,870,000 shares issued) 5,610,000 Paid-In Capital in Excess of Par—Common Stock 1,215,500 Retained Earnings 31,497,000

Explanation / Answer

5-Jan Cash A/c Dr          4,796,100 To Common Stock          4,796,100 (Being Shares issued) 10-Feb Cash A/c Dr              638,000 To preferred Stock              638,000 (Being Shares issued) 19-Mar Treasury Common stock              363,200 To Cash              363,200 (Being Treasury stock purchased) 16-May Cash A/c Dr              214,000 To Treasury Common Stock              214,000 (Being Treasury stock Sold) 25-Aug Cash A/c Dr                30,100 To Treasury Common Stock                30,100 (Being Treasury stock Sold) 6-Dec Dividends A/c Dr                45,300 To Preffered Stock Dividend Payable                45,300 (Being Dividend Declared) 6-Dec Dividends A/c Dr              166,824 To common Stock Dividend Payable              166,824 (Being Dividend Declared) 31-Dec Preffered Stock Dividend Payable Dr                45,300 Common Stock Dividend Payable Dr              166,824 To Cash              212,124 (Being Dividend Paid) Common Stock Opening          1,870,000 5-Jan Issued              532,900 19-Mar Purchased              (45,400) 16-May Treasury Stock sold                21,400 25-Aug Treasury Stock sold                  4,300          2,383,200 Preffered Stock Opening 79600 10-Feb Issued 11000 90600

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