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Ivanhoe Ltd. had the following share transactions during its first year of operations: Jan. 6 Issued 208,000 common shares for $1.65 per share. Jan. 12
Ivanhoe Ltd. had the following share transactions during its first year of operations: Jan. 6 Issued 208,000 common shares for \$1.65 per share. Jan. 12 Issued 52,000 common shares for $1.90 per share. Mar. 17 Issued 1,000 preferred shares for $105 per share. July 18 Issued 1,040,000 common shares for $2 per share. Nov. 17 Reacquired 208,000 common shares for $1.95 per share. Dec. 30 Reacquired 156,000 common shares for $1.80 per share. Journalize the transactions. (Credit account titles are automatically indented when the 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. Round average per share to 2 decimal places, e.g. 52.75 and final answers to 0 decimal places, e.g. 5,275. Record journal entries in the order presented in the problem. List all debit entries before credit entries.) How many common shares remain at the end of the year? (Round average per share to 2 decimal places, e.g. 2.75.) Remaining common shares Average per share
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