ebook Show Me How Treasury Stock Transactions Mystic Lake Inc. botties and distributes spring water. On July of the current year, Mystic Lake reacquired 6,800 shares et ea common stock at 155 per share on September 22, Mystic Lake soid 4.800 of the reacquired shares at 562 per share. The remaining 2.000 shares were sold at $52 per share on November 23. Journalise the transactions of July, September 22, and November 23. an amount box does not require an entry, leave blank. July 9 Treasury Stock 1. Cash & 3. Sept. 22 cach 20140 Treasury Stock Paid In Capital from sale of Treasury Stock 6. COD 104 Now 2) Cash 2x 2000 x Paid in Capital from Sale offrey Stock Treasury Stock 1000 x The reaches of shares, known as treasury stock, is typical recorded using the cost method. When the treasury stock is resold, what the company recevi? What at vi umed the price ped to buy the treasury stock and thence the shares are sold for at aterat b. What the balance indica from Soy Stoon December 31 of the c. For what reasons might Hanchave purchased the treasurystok Previous Next Check My Work ebook Selected Stock Transactions Alpha Sounds Corp. an electric guitar was organized by Michael Paul Glenn, and Gretchen Morte.The charter authorized 200.000 shares of common with of 51. The following tradis affecting teholders' equity were completed during the first year oferir Journalire the entries to record the transact If an amount box does not require an entry leave a sud 13,500 shares of stock wortellene forca cah 13.30 Common Stock What is the company receiving for what we there ben b. (1) Issued 200 shares of stock at par to Michele by for promotional services provided in connection with the organisation of the corporation, and (2) set 24,000 shares of stock wt par to Michele Korby for 00 (23) 300 Recall that shares of stock may be for purpose besides receiving cash why were the three Bock Calculator Entries for issuing No-Par Stock On May 15, Helena Carpet Inc., a carpet wholesale, towed for cash 290,000 hores of no-per commence stock (with a stated value of $2) at $12, and on Sare 30, e inued for cash 30,000 shares of ordered stock, 590 May Cash 3. Journalize the entries for May 15 and 30, assuming that the common stock is to be credited with the stated value of an amount box does not request, leave an 2.400.000 Commen Stock 07.000 Paid In Capital interess of Stated Valmon stock 2.619.000 76 X Jus Cash 10X Preferred Stock Pandin Capital in Free of Preto 2010 Recall that a parte accounts for recording the amount of each dess of stocked to versi scorpion Recall the definition of legal captand what we that has on recording the sale of . What the total invested to the sound 36,630.000 x Paidat refers to how much has been pad into the conceders in order to be owner ebook Show Me How Calculator Dividends Per Share Seventy-Two Inc, a developer of radiology equipment, has stock outstanding as follows: 70,000 shares of cumulative preferred stock, 20 pur and 405,000 shares of $25 por common During its first four years of operations, the following amounts were distributed as dividends first yea $31,000; second year, 575,000, third year, 5100,000; fourth year $110,000 Determine the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends we paid in a given yea, erter "0.00". Ist Year 2nd Year 3rd Year 4th Year Preferred stock (dividends per share) 0.44 Common stock (dividends per share) 10.900 X Is the preferred stock cumulative or non-cumulative stock Determine what amount of current dividends that preferred stock should receive per year is the son asking for a share amount or total amount per class of stock Show Me How On May 27, Mama Mia Increacquired 79,000 shares of its common chat per share on August 3, Mama Hold 54,000 of the raced shares a $11 per share on How 14. Mama wide rang shares at 56 per share Journalize the transactions of May 27, August, and November 14, an amount box does not require an entry, and May 2) Traury Stock 63.000 Cash Aug Pardin Capital from Sale of Trawy Paddin Capital from Sale of Treasury Stock Trey Stock 1 x Recall that when company recours shares of its own common stock is known as treasury to Pay atention to how much the company to the shares how much the shares web resold for by the corporation eBook Show Dividends Per Share Oceanic Company has 25,000 resolutive preferred stock. $100 and 50,000 as of 15 par common site. The following amounts were sted as dividendes: 2011 $37.500 2012 12,500 2013 75,000 Determine the dividends per share for pelened and common stod for year and swers to twedenlewer is to Cornen Stock [dividends per share (dividends per share) 2011 0.75 X 13 X 2012 07 2013 1.5 x Determine what amount of the prefered stock seceve per Veep in mind that the food for each year and class of stocker than the total ambut to be bed teaches of