Question
Ivanhoe Companyhad these transactions during the current period. June 12Issued86,500shares of $1par value common stock for cash of $324,375.July 11Issued3,100shares of $103par value preferred stock
Ivanhoe Companyhad these transactions during the current period.
June 12Issued86,500shares of $1par value common stock for cash of $324,375.July 11Issued3,100shares of $103par value preferred stock for cash at $108per share.Nov. 28Purchased1,800shares of treasury stock for $9,350.
Prepare the journal entries for theIvanhoe Companytransactions shown above.
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Taxation Of Individuals And Business Entities 2015
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
6th Edition
978-1259206955, 1259206955, 77862368, 978-0077862367
