Question 4 (15 points) Listen The Dember 31, 2019 balance sheet of the other Common than 70.000 shares and dine 51. Pref

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Question 4 15 Points Listen The Dember 31 2019 Balance Sheet Of The Other Common Than 70 000 Shares And Dine 51 Pref 1 (21.67 KiB) Viewed 23 times

Question 4 (15 points) Listen The Dember 31, 2019 balance sheet of the other Common than 70.000 shares and dine 51. Preferred shares, cumulative 53. 5.000 seed and outstanding SOLO Retained earning 51.500.000 Contributed Suurepurchase Additional information regarding Ranty te during 1030 was made wie January wed 40.000 common shares in exchange for 500.000 cash May 30 Declared cash dividends a total of 5140,000 September 18 Declared and distributed 25 stock dividends when the market wasting 50 persone October 10: Paid cash dividende declared on May 10 December I Pod 680,000 to repurchase and cancel 16,000 common shares that had been in for 5272..171 2020 net income totaled 2,680,000 Randy Ine didn't pay any dividends in 2019, Required: 1. Record the journal entries on the following dates (12 points) a January 1, 2020 (1.5 points) D. May 30, 2020 (3 points) c. September 15, 2020 (2 points) d. October 20, 2020 (1.5 points) e December 1, 2020 (4 points) 2. Determine the balance of Retained Earnings at December 31, 2020. Clearly show calculations for numbers that are not given (3 points).