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Kohler Corporation reports the following components of stockholders equity on December 31, 2016: Common stock-$15 par value,
In year 2017, the following transactions affected its stockholders equity accounts Jan. 1 Purchased 6,eee shares of its own
2 3 4 5 6 7 8 Record the declaration of a cash dividend of $6 per share. Note: Enter debits before credits. General Journal D
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Journal Entries Date Account Title and Explaination Debit Credit Post. Ref. Jan.1 $ 120,000.00 Treasury Stock 6000 x $20) Cas$ $ 63,750.00 11,250.00 Aug.22 Cash (3750 x $17) Additional Paid In Capital - Treasury Stock Treasury Stock (To record Sale o

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