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Hi I need help answering the following questions he helped me out step by step thank you TB Problem 18-155 (Algo) Cal Cookle Company (CCC)
Hi I need help answering the following questions he helped me out step by step thank you TB Problem 18-155 (Algo) Cal Cookle Company (CCC) has 100 million shares of $1 par common stock authorized. The transactions below caused changes in CCC's outstanding shares. January 4, 2021: Repurchased and retired 1.18 million shares at $8.18 per share. 25, 2021: Repurchased and retired 2.10 million shares at $2.10 per share. Prior to the transactions, CCC's shareholders' equity included the following: June Common stock, 80.10 million shares at $i par Paid in capital-excess of par Retained earnings 5 Belee, 800 168,210,000 121,800,000 Required: Prepare the journal entries to record the repurchase and retirement of hile shares (Do not round your per share amounts. If no entry is required for a transaction/event, select "No Journal entry required" In the first account fleld. Enter your answers in whole dollars.) View transaction list Journal entry worksheet Repurchased and retired 1.10 million res at 58.10 per share. Note Enter debts before credits Date General Journal Debit Credit January 04 2021 Racord entry Clearly View general journal
Hi I need help answering the following questions he helped me out step by step thank you
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