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gageNOWV2 Online teach x takeAssignment/takeAssignmentMain.do invokere&takeAssignmentSessionLocator=&inprogressufalse A eBook Entries for selected corporate transactions Instructions Chart of Accounts Journal TA Instructions X Selected transactions completed by

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gageNOWV2 Online teach x takeAssignment/takeAssignmentMain.do invokere&takeAssignmentSessionLocator=&inprogressufalse A eBook Entries for selected corporate transactions Instructions Chart of Accounts Journal TA Instructions X Selected transactions completed by Primo Discount Corporation during the current fiscal year are as follows Jan 0 Fob 28 May 1 Jul 10 Split the common stock 3 for 1 and reduced the par trom $75 to $25 per share. After the split, there were 1.276,000 common shares outstanding Purchased 41,300 shares of the corporation's own common stock at $29, recording the stock at cost, Declared semiannual dividends of $0.75 on 70,400 shares of entered stock and $0.11 on the common stock to stockholders of record on June 1, payable on Juy 10. Paid the cash dividends Sold 31.900 shares of the stock ut $33, receiving cash, Declared semiannual dividends of $0.75 on the preferred stock and $0.11 on the common stock (before the stock dividend). In addition, a 2% common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $38 + Paid the cash dividends and issued the certificates for the common stock dividend. Sep 7 Oct 1 Dec Mournaize the transactions. I no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account tous Check My Work Previous All work saved Save and Exit Submit Assignment for Grac Instructions Chart of Accounts Journal Chart of Accounts CHART OF ACCOUNTS Primo Discount Corporation General Ledger REVENUE 410 Sales 610 Interest Revenue ASSETS 110 Cash 120 Accounts Receivable 131 Notes Receivable 132 Interest Receivable 141 Inventory 145 Office Supplies 151 Prepaid Insurance 181 Land 103 Equipment 194 Accumulated Depreciation Equipment EXPENSES 510 Cost of Goods Sold 515 Credit Card Expense 520 Salaries Expanse 531 Advertising Expense 532 Delivery Expense 533 Seling Expenses 534 Rent Expense 535 Insurance Expense 536 Office Supplies Expense LIABILITIES 210 Accounts Payable DODON Entries for selected corporate transactions Instruction Chart of Accounts Journal 535 Insurance Expense Chart of Accounts LIABILITIES 210 Accounts Payable 221 Notes Payable 226 Interest Payable 231 Cash Dividends Payable 236 Stock Dividends Distributablo 241 Salaries Payable 261 Mortgage Nole Payable 536 Office Supplies Expense 537 Organizational Expenses 562 Depreciation Expense-Equipment 590 Miscellaneous Expense 710 Interest Expense EQUITY 311 Common Stock 312 Paid-In Capital In Excess of Par-Common Stock 315 Treasury Stock 321 Preferred Stock 322 Paid-In Capital in Excess of Par-Preferred Stock 331 Pald-in Capital from Sale of Treasury Stock 340 Retained Earnings 351 Cash Dividends 352 Stock Dividends 390 Income Summary takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false * cbook Entries for selected corporate transactions Instruction Chart of Accounta Journal Journal X Joumaise the transactions. In any is required, smoly skip to the next transaction. Refer to the Chart of Accounts for exact wording of account bloe. PAGE 10 JOURNAL ACCOUNTING EQUATION DATE DESTION POSTRE OCHT CREDIT ASSETS LABILITIES CQUITY 1 12 Check My Work Previous All work saved Save and ER Submit Assignment for Grading eBook C Entries for selected corporate transactions Instruction Chart of Accounts Journal Journal 10 11 11 10 11 12 gageNOWV2 Online teach x takeAssignment/takeAssignmentMain.do invokere&takeAssignmentSessionLocator=&inprogressufalse A eBook Entries for selected corporate transactions Instructions Chart of Accounts Journal TA Instructions X Selected transactions completed by Primo Discount Corporation during the current fiscal year are as follows Jan 0 Fob 28 May 1 Jul 10 Split the common stock 3 for 1 and reduced the par trom $75 to $25 per share. After the split, there were 1.276,000 common shares outstanding Purchased 41,300 shares of the corporation's own common stock at $29, recording the stock at cost, Declared semiannual dividends of $0.75 on 70,400 shares of entered stock and $0.11 on the common stock to stockholders of record on June 1, payable on Juy 10. Paid the cash dividends Sold 31.900 shares of the stock ut $33, receiving cash, Declared semiannual dividends of $0.75 on the preferred stock and $0.11 on the common stock (before the stock dividend). In addition, a 2% common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $38 + Paid the cash dividends and issued the certificates for the common stock dividend. Sep 7 Oct 1 Dec Mournaize the transactions. I no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account tous Check My Work Previous All work saved Save and Exit Submit Assignment for Grac Instructions Chart of Accounts Journal Chart of Accounts CHART OF ACCOUNTS Primo Discount Corporation General Ledger REVENUE 410 Sales 610 Interest Revenue ASSETS 110 Cash 120 Accounts Receivable 131 Notes Receivable 132 Interest Receivable 141 Inventory 145 Office Supplies 151 Prepaid Insurance 181 Land 103 Equipment 194 Accumulated Depreciation Equipment EXPENSES 510 Cost of Goods Sold 515 Credit Card Expense 520 Salaries Expanse 531 Advertising Expense 532 Delivery Expense 533 Seling Expenses 534 Rent Expense 535 Insurance Expense 536 Office Supplies Expense LIABILITIES 210 Accounts Payable DODON Entries for selected corporate transactions Instruction Chart of Accounts Journal 535 Insurance Expense Chart of Accounts LIABILITIES 210 Accounts Payable 221 Notes Payable 226 Interest Payable 231 Cash Dividends Payable 236 Stock Dividends Distributablo 241 Salaries Payable 261 Mortgage Nole Payable 536 Office Supplies Expense 537 Organizational Expenses 562 Depreciation Expense-Equipment 590 Miscellaneous Expense 710 Interest Expense EQUITY 311 Common Stock 312 Paid-In Capital In Excess of Par-Common Stock 315 Treasury Stock 321 Preferred Stock 322 Paid-In Capital in Excess of Par-Preferred Stock 331 Pald-in Capital from Sale of Treasury Stock 340 Retained Earnings 351 Cash Dividends 352 Stock Dividends 390 Income Summary takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false * cbook Entries for selected corporate transactions Instruction Chart of Accounta Journal Journal X Joumaise the transactions. In any is required, smoly skip to the next transaction. Refer to the Chart of Accounts for exact wording of account bloe. PAGE 10 JOURNAL ACCOUNTING EQUATION DATE DESTION POSTRE OCHT CREDIT ASSETS LABILITIES CQUITY 1 12 Check My Work Previous All work saved Save and ER Submit Assignment for Grading eBook C Entries for selected corporate transactions Instruction Chart of Accounts Journal Journal 10 11 11 10 11 12

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