0 Required information PA11-1 (Algo) Analyzing Accounting Equation Effects, Recording Journal Entries, and Preparing a Partial Balance Sheet Involving Stock Issuance and Purchase Transactions (LO 11-21 The following information applies to the questions displayed below) Global Marine obtained a charter from the state in January that authored 1000000 shares of common stock. $5 bar value During the first year, the company earned $310,000 of niet income and declared no dividends, the following selected transactions occurred in the order given Issued 110.000 shares of the common stock at $46 cash per thare Reacquired 16,000 shares at $41 cash per share. Reissued 5,500 shares from treasury for $42 per share d Reissued 5,500 shares from treasury for $40 per share PA11-1 (Algo) Part 2 2. Prepare journal entries to record each transaction of no entry is required for transaction event, select "No Journal Entry Required in the first account field.) Viewractions Journal entry worksheet View transaction list Journal entry worksheet 1 2 4 Record the issuance of 110,000 shares of common stock with a $5 par value for a price of $46 per share. h Note: Enter debits before credits Transaction General Journal a Debit Credit Record entry Clear entry View general journal Search O i Pie 9 transaction list ournal entry worksheet 1 3 4 Re rd the purchase of 16,000 shares of previously issued common stock for a price of $41 per share. Note: Enter debits before credits. Transaction General Journal Debit Credit b Record entry Clear entry View general journal ired" in the first account field.) View transaction list Journal entry worksheet Record the re-issuance of 5,500 shares of treasury stock previously purchased for a price of $41 per share and sold for $42 per share. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet 1 23 Record the re-issuance of 5,500 shares of treasury stock previously purchased for $41 per share and sold for $40 per share. Note: Enter debits before credits Transaction General Journal Debit Credit d Record entry Clear entry View general journal value. During the first year, the company earned $310,000 of net in selected transactions occurred in the order given a. Issued 110,000 shares of the common stock at $46 cash per shar b. Reacquired 16,000 shares at S41 cash per share. c Reissued 5,500 shares from treasury for $42 per share d. Reissued 5,500 shares from treasury for $40 per share. PA11-1 (Algo) Part 3 3. Prepare the stockholders equity section of the balance sheet at Decembe minus sign.) GLOBAL MARINE Basice Sheet Raitian At Decem Stockholders' Equity Contributed Capital Total Contributed Capital Total Total Stockholders' Equity Te to search o O RE - n.com/ext/map/indexhtml?_con=con external_browser=0&lau ECON BOOK SOAP2DAY Digital Resources fo Twitch My Course - Intre Required 1 Required 2 repare any journal entries that H & N Industries should make on the four dates mentioned or a transaction/date, select "No Journal Entry Required in the first account field View transaction list Journal entry worksheet 2 4 Record the declaration of a cash dividend of $1.30 per share payable on the 95,000 shares of common stock outstanding Not: Enter debts before crees General Journal Late March 05 Credit Recorder Chery View general journal Required 2 > LOS work Required 1 Required 2 Prepare any joumal entries that H & N Industries should make on the four dates me for a transaction/date, select 'No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet required 1 Required 2 epare any journal entries that H & N Industries should make on the four date er a transaction date, select "No Journal Entry Required in the first account fi View transaction list Journal entry worksheet Record the re-issuance of 5,500 shares of treasury stock previously purchased for a price of $41 per share and sold for $42 per share. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet 1 23 Record the re-issuance of 5,500 shares of treasury stock previously purchased for $41 per share and sold for $40 per share. Note: Enter debits before credits Transaction General Journal Debit Credit d Record entry Clear entry View general journal value. During the first year, the company earned $310,000 of net in selected transactions occurred in the order given a. Issued 110,000 shares of the common stock at $46 cash per shar b. Reacquired 16,000 shares at S41 cash per share. c Reissued 5,500 shares from treasury for $42 per share d. Reissued 5,500 shares from treasury for $40 per share. PA11-1 (Algo) Part 3 3. Prepare the stockholders equity section of the balance sheet at Decembe minus sign.) GLOBAL MARINE Basice Sheet Raitian At Decem Stockholders' Equity Contributed Capital Total Contributed Capital Total Total Stockholders' Equity Te to search o O RE - n.com/ext/map/indexhtml?_con=con external_browser=0&lau ECON BOOK SOAP2DAY Digital Resources fo Twitch My Course - Intre Required 1 Required 2 repare any journal entries that H & N Industries should make on the four dates mentioned or a transaction/date, select "No Journal Entry Required in the first account field View transaction list Journal entry worksheet 2 4 Record the declaration of a cash dividend of $1.30 per share payable on the 95,000 shares of common stock outstanding Not: Enter debts before crees General Journal Late March 05 Credit Recorder Chery View general journal Required 2 > LOS work Required 1 Required 2 Prepare any joumal entries that H & N Industries should make on the four dates me for a transaction/date, select 'No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet required 1 Required 2 epare any journal entries that H & N Industries should make on the four date er a transaction date, select "No Journal Entry Required in the first account fi View transaction list Journal entry worksheet