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CH 10 Problem Assignment #1 Saved Help Save & Exit Submit Check my work 9 points eBook Hint Print References The Golden Mushroom has
CH 10 Problem Assignment #1 Saved Help Save & Exit Submit Check my work 9 points eBook Hint Print References The Golden Mushroom has two classes of stock authorized: 9%, $10 par preferred, and $1 par value common. The following transactions affect stockholders' equity during 2024, its first year of operations: January 2 Issues 100,000 shares of common stock for $22 per share. February 6 Issues 1,700 shares of 9% preferred stock for $11 per share. September 10 Purchases 11,000 shares of its own common stock for $27 per share. December 15 Resells 5,500 shares of treasury stock at $32 per share. Required: Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < 1 2 3 4 Record the issuance of 100,000 shares of common stock for $22 per share. Note: Enter debits before credits. Date January 02, 2024 General Journal Debit Credit View general journal Record entry Clear entry
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