Cookie Corn Company reported the following summarized Balance Sheet at December 31. 2020: Assets Current assets. Propert

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Cookie Corn Company Reported The Following Summarized Balance Sheet At December 31 2020 Assets Current Assets Propert 1 (70.34 KiB) Viewed 8 times

Cookie Corn Company reported the following summarized Balance Sheet at December 31. 2020: Assets Current assets. Property and equipment, net. Total assets.. Liabilities and Equity Liabilities. Shareholders' equity: €0.80 cumulative preference share, €15 par. 400 shares issued. Ordinary share, €2 par, 6,300 shares issued. Paid-in capital in excess of par Retained earnings. Total liabilities and equity. Feb. 13 Jun. 7 Jun. 24 Aug. 9 €33,500 63,100 ..96,600 37,600 During 2020, Cookie Com Company completed these transactions that affected shareholders equity: Oct. 26 Nov. 20 ..6,000 12,600 17,400 23,000 96,600 Issued 5,200 ordinary shares for €7 per share. Declared the regular cash dividend on the preference share. Paid the cash dividend. Distributed a 20% share dividend on the ordinary share. Market price of the ordinary share was €8 per share. Reacquired 900 ordinary shares as treasury shares, paying €9 per share. Sold 600 shares of the treasury shares for €14 per share. Requirements: 1. Journalize Cookie Corn Company's transactions. 2. Report Cookie Com's shareholders' equity at December 31, 2020. Net income for 2020 was