Problem 13-3A Equity analysis-journal entries and account balances LO P2

At September 30, the end of Beijing Companys third quarter, the following stockholders equity accounts are reported.

Common stock, $14 par value	$	360,000
Paid-in capital in excess of par value, common stock		90,000
Retained earnings		380,000

In the fourth quarter, the following entries related to its equity are recorded:

Date	General Journal	Debit	Credit
Oct. 2	Retained Earnings	40,000
	Common Dividend Payable		40,000
Oct. 25	Common Dividend Payable	40,000
	Cash		40,000
Oct. 31	Retained Earnings	95,000
	Common Stock Dividend Distributable		46,000
	Paid-In Capital in Excess of Par Value, Common Stock		49,000
Nov. 5	Common Stock Dividend Distributable	46,000
	Common Stock, $14 Par Value		46,000
Dec. 1	MemoChange the title of the common stock
	account to reflect the new par value of $4.
Dec. 31	Income Summary	260,000
	Retained Earnings		260,000

Required: 2. Complete the following table showing the equity account balances at each indicated date.

Oct. 2	Oct. 25	Oct. 31	Nov. 5	Dec. 1	Dec.31
Common stock
Common stock dividend distributable
Paid-in capital in excess of par, Common stock
Retained earnings
Total equity	$0	$0	$0	$0	$0	$0