Tamarisk Company has two classes of capital stock outstanding: $ par preferred and $ par common. At December the following accounts were included in stockholders' equity.
Preferred Stock, shares$
Common Stock, shares$
Paidin Capital in Excess of ParPreferred Stock$
Paidin Capital in Excess of ParCommon Stock$
Retained Earnings$
The following transactions affected stockholders' equity during
Jan. first shares of preferred stock issued at $ per share.
Feb. first shares of common stock issued at $ per share.
June first :for stock split par value reduced to $
July shares of common treasury stock purchased at $ per share. Tamarisk uses the cost method.
Sept. shares of treasury stock reissued at $ per share.
Dec. The preferred dividend is declared, and a common dividend of cents per share is declared.
