Question
Dec. 1, 2020 The opening number of common shares was 61,000 . Feb. 28, 2021 Sold 9,200 common shares for $ 202,400 cash. May 31,
Dec. 1, 2020
The opening number of common shares was 61,000.
Feb. 28, 2021
Sold 9,200 common shares for $202,400 cash.
May 31, 2021
Reacquired 4,600 common shares for $92,000 cash.
Nov. 1, 2021
Issued 13,800 common shares in exchange for land with a fair value of $300,000.
Calculate the weighted average number of common shares for the year.
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Accounting Principles Volume 2
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
8th Canadian Edition
1119502551, 1-119-50255-5, 978-1119502555
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