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Current Attempt in Progress On July 1, Riverbed Corporation purchases 600 shares of its $5 par value common stock for the treasury at a cash
Current Attempt in Progress On July 1, Riverbed Corporation purchases 600 shares of its $5 par value common stock for the treasury at a cash price of $10 per share. On September 1 , it sells 350 shares of the treasury stock for cash at $14 per share. Journalize the two treasury stock transactions. (List all debit entries before credit entries. Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Bridgeport Corporation issued 2,750 shares of stock. Prepare the entry for the issuance under the following assumptions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) The stock had a par value of $4.50 per share and was issued for a total of $45,000. (b) The stock had a stated value of $4.50 per share and was issued for a total of $45,000. (c) The stock had no par or stated value and was issued for a total of $45,000. (d) The stock had a par value of $4.50 per share and was issued to attorneys for services during incorporation valued at $45,000. (e) The stock had a par value of $4.50 per share and was issued for land worth $45,000. (a) (b) (c) (d) (e) eTextbook and Media
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