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Help Save & Ext Submit Check my work 201 7 points eBook H 10 10 Power Drive Corporation designs and produces a line of golf
Help Save & Ext Submit Check my work 201 7 points eBook H 10 10 Power Drive Corporation designs and produces a line of golf equipment and golf apparel, Power Drive has 100,000 shares of common stock outstanding as of the beginning of 2021. Power Drive has the following transactions affecting stockholders' equity in 2021 Marchi May June 1 Issues 64,000 additional shares of $1 par value common stock for $61 per share. 10 Purchases 5,900 shares of treasury stock for $64 per share. 1 Declares a cash dividend of $1.95 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.) July 1 Pays the cash dividend declared on June 1. October 21 Resells 2,950 shares of treasury stock purchased on May 10 for 569 per share. Required: Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction Sist Journal entry worksheet 1 2 4 5 Record the issuance of 64,000 additional shares of $1 par value common stock for $61 per share. Note: Enter debits before credits Date March 01, 2021 General Journal Debit Credit 7 Help S& Sub Check my work Power Drive Corporation designs and produces a line of golf equipment and golf apparel Power Drive has 100,000 shares of common stock outstanding as of the beginning of 2021. Power Drive has the following transactions affecting stockholders' equity in 2021 20 points March May Print 14 10 References June July 1 Issues 64,000 additional shares of $1 par value common stock for $61 per share. 10 Purchases 5,900 shares of treasury stock for 164 per share. 1 Declares a cash dividend of $1.95 per share to all stockholders at record on June 15. (Hint: Dividends are not paid on treasury stack.) 1 Pays the cash dividend declared on June 1. October 21 Resells 2,950 shares of treasury stock purchased on May 10 for 563 per share. Required: Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 345 Record the purchase of 5,900 shares of treasury stock for $64 per share. Enter debit befor General Journal Debit Date May 10, 2021 Help S&Ex Submit Check my work 7 201 points Power Drive Corporation designs and produces a line of golf equipment and golf apparel Power Drive has 100,000 shares of common stock outstanding as of the beginning of 2021 Power Drive has the following transactions affecting stockholders' equity in 2021 1 Issues 64,000 additional shares of $1 par value common stock for $61 per share, March May 10 Purchases 5,900 shares of treasury stock for 564 per share. June July 1 Declares a cash dividend of $1.95 per share to all stockholders of record on June 15. t Dividends are not paid on treasury stock.) 1 Pays the cash dividend declared on June 1. October 21 Resells 2,950 shares of treasury stock purchased on May 18 for $3 per share. Required: Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Meferences Journal entry worksheet 4 Record the declaration of a cash dividend of $1.95 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock) Note Enter bits before credits Cate June 01, 2021 General Journal Dut Crad 7 Help Save & Submit Check my work 20 points eBook Hint Prod References Power Drive Corporation designs and produces a line of golf equipment and golf apparel. Power Drive has 100,000 shares of common stock outstanding as of the beginning of 2021. Power Drive has the following transactions affecting stockholders' equity in 2021 March 1 Issues 64,000 additional shares of $1 par value common stock for $61 per share. 10 Purchases 5,900 shares of treasury stock for $64 per share. May June July 1 Declares a cash dividend of $1.95 per share to all stockholders of recard on June 15. (: Dividends are not paid on treasury stock.) 1 Pays the cash dividend declared on June 1. October 21 Resells 2,950 shares of treasury stock purchased on May 10 for 569 per share. Required: Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transection list Journal entry worksheet Record payment of the cash dividend declared on June 1. Note: Enter before c Date July 01, 2021 General Journal Deb Cre Power Drive Corporation designs and produces a line of golf equipment and golf apparel, Power Drive has 100,000 shares of common stock outstanding as of the beginning of 2021. Power Drive has the following transactions affecting stockholders' equity in 2021 20 March points May June 10 10 Print References July 1 Issues 64,000 additional shares of $1 par value common stock for $61 per share. 10 Purchases 5,900 shares of treasury stack for $64 per share. 1 Declares a cash dividend of $1.95 per share to all stockholders of record on June 15. (Mintz Dividends are not paid on treasury stock.) 1 Pays the cash dividend declared on June 1. October 21 Resells 2,950 shares of treasury stock purchased on May 10 for $69 per share. Required: Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction st Journal entry worksheet Check my work Record the resale of 2,950 shares of treasury stock purchased on May 10 for $69 per share Nate: Enber debits before credits Date October 21, 2021 General Journal Debill Credit
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