Carlyon Company listed the following equity items on December 31, 2012:During 2013, the following transactions occurred
How would the Oct 15, Dec 3, Dec 28th journal entries be entered in as and to what amounts?
I believe Oct 15 would be a debit to retained earnings and a credit to Common stock to be distributed and also additional paid in capital from stock dividend but do not know how to calculate the amounts that should be entered.
Dec 3 I believe should be Common Stock to be distributed (debit) and common stock ($10 Par) but again what amounts
Dec 28 retained earnings (debit), dividends payable;preferred and dividends payable;common as a credit, but am having trouble with the amounts.
Please help with the amounts that should be entered for these three dates.