journal entey par value

Mexico, Inc reported Net Income as follows for Year A, Year B, and Year C. Year A Year B Year C $90,000 $120,000 $75,000 The company experienced changes in the number of outstanding terms from these events: On January 1 Year A, the company had 25,000 shares outstanding. Year A March 31 Bought Treasury Stock 5,000 June 30 Sold the Treasury Stock 5000 August 31 Sold New Shares of the Common Stock 8,000 Oct 31 Issued a 15% stock dividend Year B June 30 Sold New Shares of the Common Stock 9,000 Oct 31 Bought Treasury Shares 5,000 Year C Jan 31 Issued New Shares of Common Stock 4,000 April 30 Bought Treasury Shares 6,000 August 31 4 for 1 Stock Split