{
"key_pair_value_system": true,
"answer_rating_count": "",
"question_feedback_html": {
"html_star": "",
"html_star_feedback": ""
},
"answer_average_rating_value": "",
"answer_date_js": "2024-05-26T10:12:06-04:00",
"answer_date": "2024-05-26 10:12:06",
"is_docs_available": "",
"is_excel_available": "",
"is_pdf_available": "",
"count_file_available": 0,
"main_page": "student_question_view",
"question_id": "1734549",
"url": "\/study-help\/questions\/during-the-year-the-following-selected-transactions-affecting-stockholders-equity-1734549",
"question_creation_date_js": "2024-05-26T10:12:06-04:00",
"question_creation_date": "May 26, 2024 10:12 AM",
"meta_title": "[Solved] During the year the following selected tr | SolutionInn",
"meta_description": "Answer of - During the year the following selected transactions affecting stockholders' equity occurred for Orlando Corporation: a | SolutionInn",
"meta_keywords": "year,selected,transactions,affecting,stockholders,equity,occurred,orlando,corporation,apr,1,repurchased",
"question_title_h1": " During the year the following selected transactions affecting stockholders' equity occurred for Orlando Corporation: a. Apr. 1 Repurchased 220 shares of the company's own",
"question_title": " During the year the following selected transactions affecting stockholders' equity occurred",
"question_title_for_js_snippet": "During the year the following selected transactions affecting stockholders' equity occurred for Orlando Corporation a Apr 1 Repurchased 220 shares of the company's own common stock at $24 cash per share b Jun 14 Sold 100 of the shares purchased on April 1 for $29 cash per share c Sept 1 Sold 90 of the shares purchased on April 1 for $19 cash per share Required 1 Prepare journal entries for each of the above transactions (If no entry is required for a transaction event, select No journal entry required in the first account field ) View transaction list Journal entry worksheet 1 2 3 Repurchased 220 shares of the company's own common stock at $24 cash per share Note Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general Journal",
"question_description": "",
"transcribed_text": "During the year the following selected transactions affecting stockholders' equity occurred for Orlando Corporation: a. Apr. 1 Repurchased 220 shares of the company's own common stock at $24 cash per share. b. Jun. 14 Sold 100 of the shares purchased on April 1 for $29 cash per share. c. Sept. 1 Sold 90 of the shares purchased on April 1 for $19 cash per share. Required: 1. Prepare journal entries for each of the above transactions. (If no entry is required for a transaction\/event, select \"No journal entry required\" in the first account field.) View transaction list Journal entry worksheet < 1 2 3 Repurchased 220 shares of the company's own common stock at $24 cash per share. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general Journal",
"related_book": {
"title": "Management Accounting Information for Decision-Making and Strategy Execution",
"isbn": "137024975, 978-0137024971",
"edition": "6th Edition",
"authors": "Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young",
"cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/62.jpg",
"uri": "\/textbooks\/management-accounting-information-for-decision-making-and-strategy-execution-6th-edition-62",
"see_more_uri": ""
},
"free_related_book": {
"isbn": "1284254887",
"uri": "\/textbooks\/linux-fundamentals-2nd-edition-9781284254884-106569",
"name": "Linux Fundamentals",
"edition": "2nd Edition"
},
"question_posted": "2024-05-26 10:12:06",
"see_more_questions_link": "\/study-help\/questions\/business-banking-2021-September-12",
"step_by_step_answer": "The Answer is in the image, click to view ...",
"students_also_viewed": [
{
"url": "\/hombran-doughnuts-has-current-assets-of-270-million-property-plant",
"description": "Hombran Doughnuts has current assets of $270 million; property, plant, and equipment of $400 million; and other assets totaling $160 million. Current liabilities are $160 million and long-term...",
"stars": 3
},
{
"url": "\/quebec-canada-offers-a-perchild-subsidy-on-day-care-for",
"description": "Quebec, Canada, offers a per-child subsidy on day care for young children that lowers the price to $ 7 per child as of 2011 (at a cost of about $ 10,000 per child per year). a. What is the effect of...",
"stars": 3
},
{
"url": "\/study-help\/global-marketing\/1-a-potential-american-exporter-is-worried-that-hell-have-1782991",
"description": "1. A potential American exporter is worried that hell have to learn to speak German or French if he wants to market to customers in Europe. Is this a realistic concern?",
"stars": 3
},
{
"url": "\/study-help\/theory-of-probability\/suppose-that-a-customer-of-the-mm1-system-spends-the-1982937",
"description": "Suppose that a customer of the M\/M\/1 system spends the amount of time x > 0 waiting in queue before entering service. (a) Show that, conditional on the preceding, the number of other customers that...",
"stars": 3
},
{
"url": "\/a-use-vector-components-to-prove",
"description": "(a) Use vector components to prove that two vectors commute for both addition and the scalar product. (b) Prove that two vectors anticommute for the vector product; that is, prove that A x B= -B x A.",
"stars": 3
},
{
"url": "\/study-help\/questions\/if-nominal-interest-rates-decrease-during-a-given-period-of-9860521",
"description": "If nominal interest rates decrease during a given period of time, we can infer that The real interest rate increased People expect prices to increase over the same period The economy is in a...",
"stars": 3
},
{
"url": "\/a-0917g-sample-of-canned-tuna-was-analyzed-by-the",
"description": "A 0.917-g sample of canned tuna was analyzed by the Kjeldahl method. A volume of 20.59 mL of 0.1249 M HCl was required to titrate the liberated ammonia. Calculate the percentage of nitrogen in the...",
"stars": 3
},
{
"url": "\/study-help\/questions\/sunrise-pools-and-spas-manufactures-fibreglass-forms-for-inground-pools-7958902",
"description": "Sunrise Pools and Spas manufactures fibreglass forms for in-ground pools and swim spas for all season use. The company uses variable costing for internal management reports and absorption costing for...",
"stars": 3
},
{
"url": "\/study-help\/questions\/scenario-part-1-you-are-working-at-a-busy-nightclub-4897524",
"description": "Scenario (Part 1) You are working at a busy nightclub and have been monitoring a patron for the last hour. The patron has not ordered a single drink, but you have noticed significant changes in their...",
"stars": 3
},
{
"url": "\/study-help\/questions\/describe-a-healthcare-quality-improvement-that-occurred-within-an-organization-984715",
"description": "describe a healthcare quality improvement that occurred within an organization. In this discussion, you will Examine the quality improvement that occurred, including the background and the process...",
"stars": 3
},
{
"url": "\/study-help\/questions\/youre-starting-a-small-photography-business-you-need-an-inexpensive-1000457",
"description": "You're starting a small photography business. You need an inexpensive but powerful photo editing program to touch up your Images. Compare two photo editing programs in the $75-$200 range. Evaluate...",
"stars": 3
},
{
"url": "\/study-help\/questions\/jonathan-larks-lifelong-dream-is-to-own-a-restaurant-he-1009355",
"description": "Jonathan Lark's lifelong dream is to own a restaurant. He owns a premium site for a restaurant across the street from the local university. Now he needs to decide what kind of restaurant to open....",
"stars": 3
},
{
"url": "\/study-help\/questions\/what-is-the-shift-capacity-of-a-machine-with-the-1007855",
"description": "What is the shift capacity of a machine with the following characteristics? ---Part processing time = 70 seconds ---cutting tool has to be replace every 35 pieces and it takes 30 seconds to replace...",
"stars": 3
},
{
"url": "\/study-help\/questions\/task-scenario-for-2050-your-task-is-to-prepare-an-8418194",
"description": "Task Scenario for 2050 Your task is to prepare an exploratory scenario for 2050 (cf: Living Planet Report 2018 pp 124- 125), taking into account the topics and issues covered during the course. Your...",
"stars": 3
},
{
"url": "\/how-much-more-interest-will-be-earned-if-5000-is",
"description": "How much more interest will be earned if $5000 is invested for 6 years at 7% compounded continuously, instead of at 7% compounded quarterly?",
"stars": 3
},
{
"url": "\/study-help\/health-care-finance\/can-you-compute-an-unadjusted-rate-of-return-now-would-1686890",
"description": "Can you compute an unadjusted rate of return now? Would you use it? Why? LO,1",
"stars": 3
},
{
"url": "\/study-help\/health-care-finance\/understand-and-use-trend-analysis-lo1-1686895",
"description": "Understand and use trend analysis. LO,1",
"stars": 3
},
{
"url": "\/study-help\/health-care-finance\/successfully-compute-ratios-lo1-1686881",
"description": "Successfully compute ratios. LO,1",
"stars": 3
}
],
"next_back_navigation": {
"previous": "\/study-help\/questions\/cost-flow-methods-the-following-three-identical-units-of-item-1734548",
"next": "\/study-help\/questions\/e147-lo-1-amortization-scheduleeffectiveinterest-assume-the-same-information-as-1734550"
},
"breadcrumbs": [
{
"name": "Study help",
"link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers"
},
{
"name": "Business",
"link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business"
},
{
"name": "Accounting",
"link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting"
},
{
"name": " During the year the following selected transactions affecting stockholders' equity occurred",
"link": "https:\/\/www.solutioninn.com\/study-help\/questions\/during-the-year-the-following-selected-transactions-affecting-stockholders-equity-1734549"
}
],
"skill_details": {
"skill_id": "9",
"skill_name": "Accounting",
"parent_id": "1"
}
}1"
}
}