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Ivanhoe Company had these transactions during the current period. June 12 July 11 Nov. 28 Issued 82,500 shares of $1 par value common stock for
Ivanhoe Company had these transactions during the current period. June 12 July 11 Nov. 28 Issued 82,500 shares of $1 par value common stock for cash of $309,375. Issued 3,450 shares of $100 par value preferred stock for cash at $104 per share. Purchased 2,650 shares of treasury stock for $8,450. Prepare a tabular summary to record the Ivanhoe Company transactions. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Liabilities Cash Common Stock + PIC in Excess of June 22 $ $ $ $ July 11 Nov. 28 Current Attempt in Progress Ivanhoe Company had these transactions during the current period. June 12 July 11 Nov. 28 Issued 82,500 shares of $1 par value common stock for cash of $309,375. Issued 3.450 shares of $100 par value preferred stock for cash at $104 per share. Purchased 2,650 shares of treasury stock for $8,450. Prepare a tabular summary to record the Ivanhoe Company transactions. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Stockholders' Equity Paid-in-Capital Pref. Stock PIC in Excess of Par Com + + PIC in Excess of Par Pref. Treasury Stock $ Ivanhoe Company had these transactions during the current period. June 12 Issued 82,500 shares of $1 par value common stock for cash of $309.375. July 11 Issued 3.450 shares of $100 par value preferred stock for cash at $104 per share. Nov. 28 Purchased 2,650 shares of treasury stock for $8,450. Prepare a tabular summary to record the Ivanhoe Company transactions. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Retained Earnings Dividend Revenue Expense $ Common stock Paid-in-capital in excess of preferred stock Interest expenso Preferred stock Save for Later
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