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4 June P 12-1 Prepare the journal entries for the following transactions of Entek Company during June 20x7. Acquired 750 shares of its own for

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4 June P 12-1 Prepare the journal entries for the following transactions of Entek Company during June 20x7. Acquired 750 shares of its own for TL 12,65 per share. 13 June Sold 250 of the shares purchased in the above transaction for TL 13,20 per share. 20 June Sold 125 shares for TL 11.12 per share. 27 June Sold 300 shares for TL 11,08 per share. 25.2.2 Prepare the journal entries necessary to record the following stock transactions of Bizim Mobilya Purchased 1.000.000 shares of its own TL 1 par value common stock for TL 2 per share, the current market price October 17: Sold 250.000 shares of treasury stocks for TL 2,50 per share. October 21: Sold 400.000 shares of treasury stocks for TL 1,30 per share. If total shareholders' equity was TL 54.000.000 on 1 October 20X7, compute the amount of total share- holders' equity after each transaction. P 12-3 (Appendix 12) Prepare the Statement of Profit Appropriation for the following information: October 5: 248.000 90.000 Net Income before taxes Income Tax Expense Pald-in Capital Total Dividends to Shareholders Dividends to Board of Directors 1" Legal Reserves (before profit appropriation) 320.000 46.000 24.000 30.500 The Company's share capital consists of 320.000 shares at TL 1 par value each. P 12-4 The partial statement of financial position of Sunny Corporation, as of 31 December 20x8, is presented below. Additional Information: 1. Paid-in capital of the company consisted of 125.000 shares with TL 1 par value each. 2. Net Income for the year ended 31 December 20x9 was TL 387.000. 3. The following transactions occurred during 20X9: and TL 62.500 increase in cash was the result of issuing remaining shares at TL. 1,975. The increase came from existing shareholders exercising their preemptive rights to buy the shares at par value, share capital in cash was realized on 5 May 20X9. b. The General Assembly decided to appropriate profits on 31 March 20x9 as follows: i Legal reserves TL 23.625 ii. Total TL 95,000 of cash dividends to shareholders ii. TL 28.000 of cash dividends to the board of directors c. The remaining net income was added to retained earnings. a. The company increased its share capital from TL 125.000 to TL 250.000 TL 62.500 of the increase of the share capital was decided by the General Assembly on 31 March 20X9, and an increase of

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