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5 On October 10, the stockholders' equity of Noble Systems appears as follows 10 points Common stock-$10 par value, 36,000 shares authorized issued, and outstanding

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5 On October 10, the stockholders' equity of Noble Systems appears as follows 10 points Common stock-$10 par value, 36,000 shares authorized issued, and outstanding Paid-in capital in excess of par value, common stock 360,000 $ 108,000 eBook 432,000 Print Retained earnings References 900,000 Total stockholders' equity Prepare journal entries to record the following transactions for Noble Systems 10. Purchased 4,500 shares of its own common stock at $30 per share on October 11 (Omit the "S" sign in your response.) Debit Credit General Journal Date Oct. 11 Me Graw Hill Blackboard Chestion o Type here to search 5 1a. Purchased 4,500 shares of its own common stock at $30 per share on October 11. (Omit the "$" sign in your response.) Date Oct. 11 General Journal Debit Credit 10 points eBook Print 1b. Sold 1,200 treasury shares on November 1 for $36 cash per share. (Omit the "s" sign in your response.) Date General Journal Debit Credit Nov. 1 References 1c. Sold all remaining treasury shares on November 25 for $25 cash per share. (Omit the "S" sign in your response.) Date General Journal Debit Credit 25 Nov. Chapter 11 Homework Saved 5 2. Prepare the revised equity section of its balance sheet after the October 11 treasury stock purchase. (Amounts to be deducted should be indicated with a minus sign Omit the "$" sign in your response.) 10 points Total contributed capital eBook Pant Total References Total stockholders' equity 7200 82500 7200 14 Next > Chapter 11 Homework 6 Served 5 7200 v 10 patris 82500 V 7200 eBook 9300 Print References

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