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I viuuuu Po preferred stock at $68 The common stock has E11-2A. Share Issuances for Cash...
Coastal Corporation issued 25,000 shares of $11 par value common stock at $22 per share and...
Coastal Corporation issued 25,000 shares of $11 par value common stock at $22 per share and 6,000 shares of $56 par value, eight percent preferred stock at $84 per share. Later, the company purchased 3,000 shares of its own common stock at $26 per share. a. Prepare the journal entries to record the share issuances and the purchase of the common shares. b. Assume that Coastal sold 2,000 shares of the treasury stock at $30 per share. Prepare the general...
Treasury Stock Coastal Corporation issued 25,000 shares of $8 par value common stock at $20 per...
Treasury Stock Coastal Corporation issued 25,000 shares of $8 par value common stock at $20 per share and 6,000 shares of $53 par value, eight percent preferred stock at $61 per share. Later, the company purchased 3,000 shares of its own common stock at $23 per share. a. Prepare the journal entries to record the share issuances and the purchase of the common shares. b. Assume that Coastal sold 2,000 shares of the treasury stock at $29 per share. Prepare...
Treasury Stock Coastal Corporation issued 25,000 shares of $6 par value common stock at $18 per...
Treasury Stock Coastal Corporation issued 25,000 shares of $6 par value common stock at $18 per share and 6,000 shares of $50 par value, eight percent preferred stock at $79 per share. Later, the company purchased 3,000 shares of its own common stock at $21 per share. a. Prepare the journal entries to record the share issuances and the purchase of the common shares. b. Assume that Coastal sold 2,000 shares of the treasury stock at $27 per share. Prepare...
P11-6A HW Ves, Pipe Cry. ummon stock asis $85 per share. Later, 204,6 of the common...
P11-6A
HW Ves, Pipe Cry. ummon stock asis $85 per share. Later, 204,6 of the common states ware. Prepare the general c. What is the balance in I T ing the stock split? Is a journal entry required to record the forward stock split? If yes, UILE E11-44. Treasury Stock Inland Corporation issued 30,000 shares of $5 par value comm Treasury Stock Inland Corporation share and 8,000 shares of $50 par value, eight percent preferred stock at $85 company purchased...
Treasury Stock Pomona Corporation issued 60,000 shares of $3 par value common stock at $21 per...
Treasury Stock Pomona Corporation issued 60,000 shares of $3 par value common stock at $21 per share and 9,000 shares of $30 par value, ten percent preferred stock at $85 per share. Later, the company purchased 2,000 shares of its own common stock at $23 per share. a. Prepare the journal entries to record the share issuances and the purchase of the common shares. b. Assume that Pomona sold 1,500 shares of the treasury stock at $30 per share. Prepare...
Treasury Stock Inland Corporation issued 30,000 shares of $5 par value common stock at $15 per...
Treasury Stock Inland Corporation issued 30,000 shares of $5 par value common stock at $15 per share and 8,000 shares of $50 par value, eight percent preferred stock at $85 per share. Later, the company purchased 3,000 shares of its own common stock at $20 per share. X X 0x X X a. Prepare the journal entries to record the share issuances and the purchase of the common shares. b. Assume that Inland sold 2,000 shares of the treasury stock...
(stock issuances and repurchase) Lindsey Hunter Corporation is authorized to issue 50,000 shares of $5 par...
(stock issuances and repurchase) Lindsey Hunter Corporation is authorized to issue 50,000 shares of $5 par value common stock. During 2017, Lindsey Hunter took part in the following selected transactions. 1) issued 5,000 shares of stock at $45 per share, less costs related to the issuance of the stock totaling $7,000 2) issued 1,000 shares of stock for land appraised at $50,000. The stock was actively traded on a national stock exchange at approximately $46 per share on the date...
Prepare journal entries to record each of the following four separate issuances of stock. A corporation...
Prepare journal entries to record each of the following four
separate issuances of stock.
A corporation issued 8,000 shares of $20 par value common stock
for $192,000 cash.
A corporation issued 4,000 shares of no-par common stock to its
promoters in exchange for their efforts, estimated to be worth
$58,500. The stock has a $1 per share stated value.
A corporation issued 4,000 shares of no-par common stock to its
promoters in exchange for their efforts, estimated to be worth...
E15-6 (Stock Issuances and Repurchase) Lindsey Hunter Corporation is authorized to issue 50,000 shares of $5...
E15-6 (Stock Issuances and Repurchase) Lindsey Hunter Corporation is authorized to issue 50,000 shares of $5 par value common stock. During 2014, Lindsey Hunter took part in the following selected transactions. 1. Issued 5,000 shares of stock at $45 per share, less costs related to the issuance of the stock totaling $7,000. 2. Issued 1,000 shares of stock for land appraised at $50,000. The stock was actively traded on a national stock exchange at approximately $46 per share on the...
Exercise 11-4 Recording stock issuances LO P1 Prepare journal entries to record each of the following...
Exercise 11-4 Recording stock issuances LO P1 Prepare journal entries to record each of the following four separate issuances of stock. 1. A corporation issued 4,000 shares of $20 par value common stock for $96,000 cash. 2. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $54,000. The stock has a $3 per share stated value. 3. A corporation issued 2,000 shares of no-par common stock to its...
Treasury Stock Coastal Corporation issued 25,000 shares of $8 par value common stock at $20 per share and 6,000 shares of $53 par value, eight percent preferred stock at $61 per share. Later, the company purchased 3,000 shares of its own common stock at $23 per share. a. Prepare the journal entries to record the share issuances and the purchase of the common shares. b. Assume that Coastal sold 2,000 shares of the treasury stock at $29 per share. Prepare...
Treasury Stock Coastal Corporation issued 25,000 shares of $6 par value common stock at $18 per share and 6,000 shares of $50 par value, eight percent preferred stock at $79 per share. Later, the company purchased 3,000 shares of its own common stock at $21 per share. a. Prepare the journal entries to record the share issuances and the purchase of the common shares. b. Assume that Coastal sold 2,000 shares of the treasury stock at $27 per share. Prepare...
P11-6A
HW Ves, Pipe Cry. ummon stock asis $85 per share. Later, 204,6 of the common states ware. Prepare the general c. What is the balance in I T ing the stock split? Is a journal entry required to record the forward stock split? If yes, UILE E11-44. Treasury Stock Inland Corporation issued 30,000 shares of $5 par value comm Treasury Stock Inland Corporation share and 8,000 shares of $50 par value, eight percent preferred stock at $85 company purchased...
Treasury Stock Inland Corporation issued 30,000 shares of $5 par value common stock at $15 per share and 8,000 shares of $50 par value, eight percent preferred stock at $85 per share. Later, the company purchased 3,000 shares of its own common stock at $20 per share. X X 0x X X a. Prepare the journal entries to record the share issuances and the purchase of the common shares. b. Assume that Inland sold 2,000 shares of the treasury stock...
Prepare journal entries to record each of the following four
separate issuances of stock.
A corporation issued 8,000 shares of $20 par value common stock
for $192,000 cash.
A corporation issued 4,000 shares of no-par common stock to its
promoters in exchange for their efforts, estimated to be worth
$58,500. The stock has a $1 per share stated value.
A corporation issued 4,000 shares of no-par common stock to its
promoters in exchange for their efforts, estimated to be worth...
Exercise 11-4 Recording stock issuances LO P1 Prepare journal entries to record each of the following four separate issuances of stock. 1. A corporation issued 4,000 shares of $20 par value common stock for $96,000 cash. 2. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $54,000. The stock has a $3 per share stated value. 3. A corporation issued 2,000 shares of no-par common stock to its...
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