Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver

تمرين 12

Journalizing dividend and treasury stock transactions, preparing a statement of retained earnings, and preparing stockholders' equity
The balance sheet of MacMillan Management Consulting, Inc., at December 31, 2011, reported the following stockholders' equity:

During 2012, MacMillan completed the following selected transactions:

Requirements
1. Record the transactions in the general journal.
2. Prepare the retained earnings statement for the year ended December 31, 2012.
3. Prepare the stockholders' equity section of the balance sheet at December 31,2012.