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hello i need help on the entry where you can see is wrong as i keep getting the answer incorrect Wildhorse Ltd. had the following
hello i need help on the entry where you can see is wrong as i keep getting the answer incorrect
Wildhorse Ltd. had the following share transactions during its first year of operations: Jan. 6 Issued 188,000 common shares for $1.60 per share. Jan. 12 Issued 47,000 common shares for $1.85 per share. Mar. 17 Issued 900 preferred shares for $105 per share. July 18 Issued 940,000 common shares for $2 per share. Nov. 17 Reacquired 188,000 common shares for $1.95 per share. Dec. 30 Reacquired 141,000 common shares for $1.80 per share. Jan. 6v Cash Common Shares Jan. 12 Cash Common Shares Mar. 17 Cash Preferred Shares July 18 Cash Common Shares Nov. 17 Common Shares Retained Earnings Cash Common Shares Contributed Surplus - Reacquisition of Common Shares Cash 86,950Step by Step Solution
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