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Instructions Selected transactions completed by Primo Discount Corporation during the current fiscal year are as follows:...
Selected transactions completed by Primo Discount Corporation during the current fiscal year are as follows: Jan. 9 Split the common stock 3 for 1 and reduced the par from $75 to $25 per share. After the split there were 1,279,500 common shares outstanding Purchased 39,200 shares of the corporation's own common stock at 527, recording the stock at cost 28 Feb May 1 Jul 10 Sep Declared semiannual dividends of $0.90 on 75.000 shares of preferred stock and $0.15 on...
Selected transactions completed by Primo Discount Corporation during the current fiscal year are as follows: Jan. 9 Split the common stock 3 for 1 and reduced the par from $75 to $25 per share. After the split, there were 1,279,500 common shares outstanding. Feb. 28 Purchased 39,200 shares of the corporation’s own common stock at $27, recording the stock at cost. May 1 Declared semiannual dividends of $0.90 on 75,000 shares of preferred stock and $0.15 on the common stock...
Selected transactions completed by ATV Discount Corporation during the current fiscal year are as follows: Jan. 5. Split the common stock 3 for 1 and reduced the par from $75 to $25 per share. After the split, there were 1,150,500 common shares outstanding. Mar. 10. Purchased 41,400 shares of the corporation’s own common stock at $28, recording the stock at cost. Apr. 30. Declared semiannual dividends of $0.80 on 74,100 shares of preferred stock and $0.12 on the common stock...
Selected transactions completed by ATV Discount Corporation during the current fiscal year are as follows: Jan. 5. Split the common stock 3 for 1 and reduced the par from $75 to $25 per share. After the split, there were 1,150,500 common shares outstanding. Mar. 10. Purchased 41,400 shares of the corporation’s own common stock at $28, recording the stock at cost. Apr. 30. Declared semiannual dividends of $0.80 on 74,100 shares of preferred stock and $0.12 on the common stock...
Entries for Selected Corporate Transactions Selected transactions completed by Primo Discount Corporation during the current fiscal year are as follows. Instructions: Journalize the transactions. If no entry is required, select "No entry required" from the dropdown box and leave the amount boxes blank. For a compound transaction, if an amount box does not require an entry, leave it blank. Jan. 15. Split the common stock 5 for 1 and reduced the par from $75 to $15 per share. After the...
Instructions Selected transactions completed by ATV Discount Corporation during the current fiscal year are as follows: Jan. 5. Mar 10. Split the common stock 3 for 1 and reduced the par from $75 to $25 per share. After the split, there were 1,170,000 common shares outstanding. Purchased 39,000 shares of the corporation's own common stock at $28, recording the stock at cost. Declared semiannual dividends of $0.85 on 72,300 shares of preferred stock and $0 10 on the common stock...
Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows: Jan. 8 Split the common stock 2 for 1 and reduced the par from $80 to $40 per share. After the split, there were 157,000 common shares outstanding. Apr. 30 Declared semiannual dividends of $0.65 on 19,000 shares of preferred stock and $0.24 on the common stock payable on July 1. Jul. 1 Paid the cash dividends. Oct. 31 Declared semiannual dividends of $0.65...
Selected transactions completed by Romney Circus Supplies Corporation during the current fiscal year are as follows: Jan. 6. Split the common stock 3 for 1 and reduced the par from $120 to $40 per share. After the split, there were 225,000 common shares outstanding. Mar. 13. Purchased 9,500 shares of the corporation's own common stock at $45, recording the stock at cost. May 1. Declared semiannual dividends of $2.50 on 22,000 shares of preferred stock and $0.80 on the common...
Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows: Jan. 8 Split the common stock 2 for 1 and reduced the par from $80 to $40 per share. After the split, there were 157,000 common shares outstanding. Declared semiannual dividends of $0.65 per share on 19,000 shares of preferred stock and $0.24 per share on the common stock payable on July 1. Apr. 30 Jul. 1 Paid the cash dividends. Oct. 31 Declared...
Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows: Jan. 8 Split the common stock 2 for 1 and reduced the par from $80 to $40 per share. After the split, there were 157,000 common shares outstanding. Apr. 30 Declared semiannual dividends of $0.65 on 19,000 shares of preferred stock and $0.24 on the common stock payable on July 1. Jul. 1 Paid the cash dividends. Oct. 31 Declared semiannual dividends of $0.65...