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Current Attempt in Progress Quest 6 Que Blossom Ltd. had the following share transactions during its first year of operations Jan. Issued 240.000 common shares
Current Attempt in Progress Quest 6 Que Blossom Ltd. had the following share transactions during its first year of operations Jan. Issued 240.000 common shares for $1.50 per share. Jan. 12 Issued 60,000 common shares for $1.75 per share. Mar 17 Issued 1.200 preferred shares for $105 per share. July 18 Issued 1.200.000 common shares for $2 per share. Nov. 17 Reacquired 240,000 common shares for $1.95 per share. Dec. 30 Reacquired 180,000 common shares for $1.80 per share. Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Round average per share to 2 decimal places, eg 8C Date Account Titles and Explanation Debit Credit Question Queens (issued common shares for cash) Question Question 37 (Issued common shares for cash.) Question 38 Accounting Viewing Question 39 (Issued preferred shares for cash.) 8C 0 3 E Type here to search - 10 Questions Question (issued common shares for cash) Nov. 17 Questions Question 36 Question 3 (To record reacquisition of common shares.) Question 38 Accounting Viewing Question 39 8C A > 2 ACCT 151 Final Exam Fall 2021 Question 39 of 39 - 10 Questions To record reacquisition of common shares) Question 1 Questions Question 6 A. Question 37 (To record reacquisition of common shares.) Question 38 Accounting List of Accounts Viewing Question 39 of 39 - 10 Questions quest How many common shares remain at the end of the year and what is their average por share? (Round average per share to 2 decimal places, s. 52.75.) Question 35 Remaining common shares Question Average per share Questio List of Accounts Ques Attempts:0 of 1 used Submit Answer Vie Q Save for Later
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