Nosker Inc. had the following transactions pertaining to
investments in common stock.
| Jan. | 1 | Purchased 4,800 shares of Escalante Corporation common stock (7%) for $291,840 cash. | |
| July | 1 | Received a cash dividend of $4 per share. | |
| Dec. | 1 | Sold 960 shares of Escalante Corporation common stock for $61,440 cash. | |
| Dec. | 31 | Received a cash dividend of $4 per share. |
Journalize the transactions. (Credit account titles are
automatically indented when amount is entered. Do not indent
manually. Record journal entries in the order presented in the
problem. If no entry is required, select "No entry" for the account
titles and enter 0 for the amounts.)
please include all answers thank you
Homework Answers
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Nosker Inc. had the following transactions pertaining to
investments in common stock.
Jan.
1
Purchased 4,800...
ALENE Hulse Company had the following transactions pertaining to stock investments Feb. 1 Purchased 530 shares...
ALENE Hulse Company had the following transactions pertaining to stock investments Feb. 1 Purchased 530 shares of Wade common stock (2%) for $6,360 cash. July 1 Received cash dividends of $2 per share on Wade common stock. Sept. 1 Sold 230 shares of Wade common stock for $3,482 Dec. 1 Received cash dividends of $2 per share on Wade common stock Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not Indent manually problem. If...
Blossom Company had the following transactions pertaining to stock investments. Feb. 1 July 1 Sept. 1...
Blossom Company had the following transactions pertaining to stock investments. Feb. 1 July 1 Sept. 1 Dec. 1 Purchased 800 shares of Wade common stock (2%) for $9,600 cash. Received cash dividends of $1 per share on Wade common stock. Sold 400 shares of Wade common stock for $6,200. Received cash dividends of $1 per share on Wade common stock a) Journalize the transactions. (Round answers to o decimal places, e.g. 5,275. Credit account titles are automatically indented when amount...
Exercise 12-4 Hulse Company had the following transactions pertaining to stock investments. Feb. 1 July 1...
Exercise 12-4 Hulse Company had the following transactions pertaining to stock investments. Feb. 1 July 1 Sept. 1 Dec. 1 Purchased 540 shares of Wade common stock (2%) for $6,480 cash. Received cash dividends of $2 per share on Wade common stock. Sold 210 shares of Wade common stock for $3,230. Received cash dividends of $2 per share on Wade common stock. Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record...
1) 2) 3) 4) Exercise 12-7 (Part Level Submission) On January 1, Zabel Corporation purchased a...
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Exercise 12-7 (Part Level Submission) On January 1, Zabel Corporation purchased a 25% equity in Helbert Corporation for $186,500. At December 31, Helbert declared and paid a $52,100 cash dividend and reported net income of $195,000. (a) Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter o for the amounts.) Date Account Titles and...
During its first year of operations, Flint Corporation had these transactions pertaining to its common stock...
During its first year of operations, Flint Corporation had these transactions pertaining to its common stock Jan. 10 Issued 26.900 shares for cash at $4 per share. July 1 issued 59.500 shares for cash at $7 per share. Support (a) Journalize the transactions, assuming that the common stock has a par value of $4 per share Journalize the transactions, assuming that the common stock is no par with a stated value of $2 per share (Record journal entries in the...
Jan. 1 Purchased 1,000 shares of Escalante Corporation common stock (7%) for $60,800 cash. July 1...
Jan. 1 Purchased 1,000 shares of Escalante Corporation common stock (7%) for $60,800 cash. July 1 Received a cash dividend of $5 per share. Dec. 1 Sold 200 shares of Escalante Corporation common stock for $12,800 cash. Dec. 31 Received a cash dividend of $5 per share. Journalize the transactions.
Exercise 11-3 During its first year of operations, Concord Corporation had the following transactions pertaining to...
Exercise 11-3 During its first year of operations, Concord Corporation had the following transactions pertaining to its common stock. Jan. 10 Issued 66,500 shares for cash at $6 per share. July 1 Issued 39,500 shares for cash at $8 per share. Journalize the transactions, assuming that the common stock has a par value of $6 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...
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...
During its first year of operations, Nash Corporation had the following transactions pertaining to its common...
During its first year of operations, Nash Corporation had the following transactions pertaining to its common stock. Jan. 10 Issued 85,000 shares for cash at $6 per share. Mar Issued 5,000 shares to attorneys in payment of a bill for $36,100 for services rendered in July 1 Issued 31,300 shares for cash at $8 per share. Sept. 1 Issued 63,200 shares for cash at $10 per share. (a) Prepare the journal entries for these transactions, assuming that the common stock...
During its first year of operations, Sweet Corporation had the following transactions pertaining to its common...
During its first year of operations, Sweet Corporation had the following transactions pertaining to its common stock. Jan. Issued 84,000 shares for cash at $6 per share. 10 Mar. Issued 5,000 shares to attorneys in payment of a bill for $35,000 for services rendered in helping the company to incorporate. July Issued 32,000 shares for cash at $8 per share. Sept. Issued 61.700 shares for cash at $10 per share. (a) Prepare the journal entries for these transactions, assuming that...
ALENE Hulse Company had the following transactions pertaining to stock investments Feb. 1 Purchased 530 shares of Wade common stock (2%) for $6,360 cash. July 1 Received cash dividends of $2 per share on Wade common stock. Sept. 1 Sold 230 shares of Wade common stock for $3,482 Dec. 1 Received cash dividends of $2 per share on Wade common stock Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not Indent manually problem. If...
Blossom Company had the following transactions pertaining to stock investments. Feb. 1 July 1 Sept. 1 Dec. 1 Purchased 800 shares of Wade common stock (2%) for $9,600 cash. Received cash dividends of $1 per share on Wade common stock. Sold 400 shares of Wade common stock for $6,200. Received cash dividends of $1 per share on Wade common stock a) Journalize the transactions. (Round answers to o decimal places, e.g. 5,275. Credit account titles are automatically indented when amount...
Exercise 12-4 Hulse Company had the following transactions pertaining to stock investments. Feb. 1 July 1 Sept. 1 Dec. 1 Purchased 540 shares of Wade common stock (2%) for $6,480 cash. Received cash dividends of $2 per share on Wade common stock. Sold 210 shares of Wade common stock for $3,230. Received cash dividends of $2 per share on Wade common stock. Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record...
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Exercise 12-7 (Part Level Submission) On January 1, Zabel Corporation purchased a 25% equity in Helbert Corporation for $186,500. At December 31, Helbert declared and paid a $52,100 cash dividend and reported net income of $195,000. (a) Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter o for the amounts.) Date Account Titles and...
During its first year of operations, Flint Corporation had these transactions pertaining to its common stock Jan. 10 Issued 26.900 shares for cash at $4 per share. July 1 issued 59.500 shares for cash at $7 per share. Support (a) Journalize the transactions, assuming that the common stock has a par value of $4 per share Journalize the transactions, assuming that the common stock is no par with a stated value of $2 per share (Record journal entries in the...
Exercise 11-3 During its first year of operations, Concord Corporation had the following transactions pertaining to its common stock. Jan. 10 Issued 66,500 shares for cash at $6 per share. July 1 Issued 39,500 shares for cash at $8 per share. Journalize the transactions, assuming that the common stock has a par value of $6 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...
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...
During its first year of operations, Nash Corporation had the following transactions pertaining to its common stock. Jan. 10 Issued 85,000 shares for cash at $6 per share. Mar Issued 5,000 shares to attorneys in payment of a bill for $36,100 for services rendered in July 1 Issued 31,300 shares for cash at $8 per share. Sept. 1 Issued 63,200 shares for cash at $10 per share. (a) Prepare the journal entries for these transactions, assuming that the common stock...
During its first year of operations, Sweet Corporation had the following transactions pertaining to its common stock. Jan. Issued 84,000 shares for cash at $6 per share. 10 Mar. Issued 5,000 shares to attorneys in payment of a bill for $35,000 for services rendered in helping the company to incorporate. July Issued 32,000 shares for cash at $8 per share. Sept. Issued 61.700 shares for cash at $10 per share. (a) Prepare the journal entries for these transactions, assuming that...
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