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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
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 $103 par value preferred stock for cash at $107 per share. | |
Nov. 28 | Purchased 2,650 shares of treasury stock for $8,450. |
Prepare the journal entries for the Ivanhoe Company transactions shown above. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
Date | Account Titles and Explanation | Debit | Credit |
---|---|---|---|
choose a transaction date June 12July 11Nov. 28 | enter an account title | enter a debit amount | enter a credit amount |
enter an account title | enter a debit amount | enter a credit amount | |
enter an account title | enter a debit amount | enter a credit amount | |
choose a transaction date June 12July 11Nov. 28 | enter an account title | enter a debit amount | enter a credit amount |
enter an account title | enter a debit amount | enter a credit amount | |
enter an account title | enter a debit amount | enter a credit amount | |
choose a transaction date June 12July 11Nov. 28 | enter an account title | enter a debit amount | enter a credit amount |
enter an account title | enter a debit amount | enter a credit amount |
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