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Exercise 11-2 Ivanhae Company had these transactions during the...
please help Crane Company had these transactions during the current period June 12 Issued 87,000 shares...
please help
Crane Company had these transactions during the current period June 12 Issued 87,000 shares of $1 par value common stock for cash of $326,250. July 11 Issued 2,800 shares of $101 par value preferred stock for cash at $107 per share. Nov. 28 Purchased 3,450 shares of treasury stock for $8,250 Prepare the journal entries for the Crane Company transactions shown above. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented...
Any help would be very much appreciated! Problem 11-1A Martinez Corp. was organized on January 1...
Any help would be very much appreciated!
Problem 11-1A Martinez Corp. was organized on January 1 2017. It is authorized to issue 23 000 shares or 5% $5 par value preferred stock and 4 8 000 shares of no par common stock with a stated value of S2 per share. The following stock transactions were completed during the first year Jan. 10 Issued 69,000 shares of common stock for cash at $5 per share Mar. ssued 1,180 shares of preferred...
Exercise 11-2 Cullumber Company had these transactions during the current period. June 12 Issued 80,500 shares...
Exercise 11-2 Cullumber Company had these transactions during the current period. June 12 Issued 80,500 shares of $1 par value common stock for cash of $301,875. lIssued 3,200 shares of $100 par value preferred stock for cash at $106 per share. Nov. 28 Purchased 2,950 shares of treasury stock for $10,000. Prepare the journal entries for the Cullumber Company transactions shown above. (Record journal e in the order presented in the problem. Credit account titles are automatically indented whe amount...
Exercise 11-2 Blossom Company had these transactions during the current period. June 12 Issued 82,000 shares...
Exercise 11-2 Blossom Company had these transactions during the current period. June 12 Issued 82,000 shares of $1 par value common stock for cash of $307,500. July 11 Issued 3,700 shares of $101 par value preferred stock for cash at $105 per share. Nov. 28 Purchased 2,450 shares of treasury stock for $8,800. Prepare the journal entries for the Blossom Company transactions shown above. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented...
Sheridan Company had these transactions during the current period.
Sheridan Company had these transactions during the current period.June 12 Issued 87,500 shares of $ 1 par value common stock for cash of $ 328,125July 11 Issued 3,200 shares of $ 105 par value preferred stock for cash at $ 109 per share.Nov. 28 Purchased 2,050 shares of treasury stock for $ 8,900.Prepare the journal entries for the Sheridan Company transactions shown above. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when...
Exercise 11-8 Quay Co. had the following transactions during the current period. Mar. 2 Issued 4,000...
Exercise 11-8 Quay Co. had the following transactions during the current period. Mar. 2 Issued 4,000 shares of $6 par value common stock to attorneys in payment of a bill for $28,700 for services performed in helping the company to incorporate. June 12 Issued 62,800 shares of $6 par value common stock for cash of $450,200. July 11 Issued 1,975 shares of $110 par value preferred stock for cash at $140 per share. Nov. 28 Purchased 1,560 shares of treasury...
Exercise 11-7 Quay Co. had the following transactions during the current period. Mar. 2 Issued 4,400...
Exercise 11-7
Quay Co. had the following transactions during the current
period.
Mar.
2
Issued 4,400 shares of $5 par value common stock to attorneys
in payment of a bill for $26,800 for services performed in helping
the company to incorporate.
June
12
Issued 55,700 shares of $5 par value common stock for cash of
$345,400.
July
11
Issued 2,700 shares of $110 par value preferred stock for cash
at $130 per share.
Nov.
28
Purchased 2,200 shares of treasury...
Exercise 11-03 During its first year of operations, Concord Corporation had these transactions pertaining to its...
Exercise 11-03 During its first year of operations, Concord Corporation had these transactions pertaining to its common stock. Jan. 10 Issued 26,700 shares for cash at $4 per share. July 1 Issued 58,500 shares for cash at $7 per share. (a) Journalize the transactions, assuming that the common stock has a par value of $4 per share. (b) Journalize the transactions, assuming that the common stock is no-par with a stated value of $3 per share. (Record journal entries in...
Any help would be very much appreciated! Problem 11-2A The stockholders' equity accounts of Blue Spruce...
Any help would be very much appreciated!
Problem 11-2A The stockholders' equity accounts of Blue Spruce Corp. on January 1, 2017, were as follows. Preferred Stock (7%, $100 par noncumulative, 5,000 shares authorized) Common Stock (S4 stated value, 300,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Eamings Treasury Stock (5,000 common shares) $300,000 1,000,000 15,000 480,000 685,500 40,000 During 2017, the corporation had the following transactions and events...
Exercise 11-3 During its first year of operations, Foyle Corporation had the following transactions pertaining to...
Exercise 11-3 During its first year of operations, Foyle Corporation had the following transactions pertaining to its common stock. Jan. July 10 Issued 65,500 shares for cash at $5 per share. 1 Issued 43,000 shares for cash at $10 per share. Journalize the transactions, assuming that the common stock has a par value of $5 per share. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent...
please help
Crane Company had these transactions during the current period June 12 Issued 87,000 shares of $1 par value common stock for cash of $326,250. July 11 Issued 2,800 shares of $101 par value preferred stock for cash at $107 per share. Nov. 28 Purchased 3,450 shares of treasury stock for $8,250 Prepare the journal entries for the Crane Company transactions shown above. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented...
Any help would be very much appreciated!
Problem 11-1A Martinez Corp. was organized on January 1 2017. It is authorized to issue 23 000 shares or 5% $5 par value preferred stock and 4 8 000 shares of no par common stock with a stated value of S2 per share. The following stock transactions were completed during the first year Jan. 10 Issued 69,000 shares of common stock for cash at $5 per share Mar. ssued 1,180 shares of preferred...
Exercise 11-2 Cullumber Company had these transactions during the current period. June 12 Issued 80,500 shares of $1 par value common stock for cash of $301,875. lIssued 3,200 shares of $100 par value preferred stock for cash at $106 per share. Nov. 28 Purchased 2,950 shares of treasury stock for $10,000. Prepare the journal entries for the Cullumber Company transactions shown above. (Record journal e in the order presented in the problem. Credit account titles are automatically indented whe amount...
Exercise 11-8 Quay Co. had the following transactions during the current period. Mar. 2 Issued 4,000 shares of $6 par value common stock to attorneys in payment of a bill for $28,700 for services performed in helping the company to incorporate. June 12 Issued 62,800 shares of $6 par value common stock for cash of $450,200. July 11 Issued 1,975 shares of $110 par value preferred stock for cash at $140 per share. Nov. 28 Purchased 1,560 shares of treasury...
Exercise 11-7
Quay Co. had the following transactions during the current
period.
Mar.
2
Issued 4,400 shares of $5 par value common stock to attorneys
in payment of a bill for $26,800 for services performed in helping
the company to incorporate.
June
12
Issued 55,700 shares of $5 par value common stock for cash of
$345,400.
July
11
Issued 2,700 shares of $110 par value preferred stock for cash
at $130 per share.
Nov.
28
Purchased 2,200 shares of treasury...
Exercise 11-03 During its first year of operations, Concord Corporation had these transactions pertaining to its common stock. Jan. 10 Issued 26,700 shares for cash at $4 per share. July 1 Issued 58,500 shares for cash at $7 per share. (a) Journalize the transactions, assuming that the common stock has a par value of $4 per share. (b) Journalize the transactions, assuming that the common stock is no-par with a stated value of $3 per share. (Record journal entries in...
Any help would be very much appreciated!
Problem 11-2A The stockholders' equity accounts of Blue Spruce Corp. on January 1, 2017, were as follows. Preferred Stock (7%, $100 par noncumulative, 5,000 shares authorized) Common Stock (S4 stated value, 300,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Eamings Treasury Stock (5,000 common shares) $300,000 1,000,000 15,000 480,000 685,500 40,000 During 2017, the corporation had the following transactions and events...
Exercise 11-3 During its first year of operations, Foyle Corporation had the following transactions pertaining to its common stock. Jan. July 10 Issued 65,500 shares for cash at $5 per share. 1 Issued 43,000 shares for cash at $10 per share. Journalize the transactions, assuming that the common stock has a par value of $5 per share. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent...
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