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INTERMEDIATE ACCOUNTING 2 Please Make sure your answers are correct Qusstion 4-164arks] Preserted beiow the equlty secton of Caki Corporation at Decemter Jt, zort: During

INTERMEDIATE ACCOUNTING 2
Please Make sure your answers are correct
image text in transcribed
Qusstion 4-164arks] Preserted beiow the equlty secton of Caki Corporation at Decemter Jt, zort: During 2017, the folowing transactions ocoured relatisg to equity. 1. Fobruary 2097 , issued 5,000 ordinary shares in exchange tor a land with tar watue of 3700 oge, at that date. Osks's shares aere trading ad the market with 51 t. 5 2. March 2017, Heacquired 3,000 shares at 5+0 per share. 3. April 2017 reaceured 4.000 tharws at 315 per shave 4. May 2017 sodt 3.500 shares of teasury stures wene for 514 pei shave 5. net incime For the yoar ended December 31. 2017. was 450000 6.0e Deoember 312017 Caks owned 50,000 shart of Fegan Corporaton with a darytre natut ur 55 ger as a dieidend. Oaks erginally paid 58 for each shave. The quoted maket prioe for a Fegan ahave oas 5 t on the declariton debe and 59 on the ditr bution dabe 1 thepace the apgrephate foumal Enthes. 2. Present the Equty Section as of Masch 312018. 3 Shew Catulatent. is. Wish you the best of lark Show Your Calculatice with handwriting

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