just need to know where I went wrong.....
WP Assessment Player Ul App X Cif Someone Could Help And Exp. X The following Shareholders' EX G share capita index.html?launchid=c9438267-2413-4132-a6ee-10de4caf1e00m/question/2 PLUS Question 3 of 3 11.94 / 18 View Policies Show Attempt History Current Attempt in Progress The following shareholders' equity accounts are reported by Ivanhoe Inc. on January 1: Common shares (unlimited authorized, 139.500 issued) $2,232,000 Preferred shares (54 cumulative, convertible,100,000 authorized, 4,300 issued 322,500 Contributed surplus-reacquisition of common shares 28.600 Retained earnings 1,253,000 The following selected transactions occurred during the year Feb. 11 Issued 46,500 common shares at $20 per share Mar. 2 Reacquired 18,300 common shares at $22 per share. June 14 Split the common shares 2 for 1 when the common shares were trading at $30 per share. July 25 Reacquired 310 preferred shares at $70 per share Sept. 16 Reacquired 46,500 common shares for $17 per share. Oct 27 Declared a 5% common stock dividend distributable on December 13 to shareholders of record on November 24. The fair value of the common shares on October 27 was 519 per share. Dec 13 Distributed the stock dividend declared on October 27. The fair value of the common shares on December 13 was $21 per share Your answer is partially correct Prepare Journal entries for the transactions Credit account titles are automatically Indented when the amount is entered Donor indent manually. If no entry is required, select "No Entry for the account title and enter for the amounts Recond journal entries in the order presented in the problem. Round average pershore to 2 decimal ploos, 15 25 and final decal Assessment Player Ul App C Someone Could Help And Expx The following ShareholdenEX Ghare capital baland dexhtml?launchid=c9438267-2413-4132-a6ee-fode4caf4e00/question/2 US Question 3 of 3 11.94/18 Your answer is partially correct Prepare journal entries for 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 for the amounts Record journal entries in the order presented in the problem. Round average per share to 2 decimal places, eg. 15-25 and final answers to decimal places, es 5.276) Date Account Titles and Explanation Debit Credit Feb 11 Cash 930.000 Common Shares 930.000 Issued common shares for cash) Mar 2 Common Shares 376000 Contributed Surplus.Recuisition of Commons 28.600 Hidung 9.000 Cash 413400 (To record reacquisition of common shares) July 25 Preferred Share 2220 Contributed Surplus Reception of Preferred Shoes Catch (To record reacquisition of preferred shares Sept 16 Commons 200 ASUS ssement Payer Ul App X C Someone Could Help And Exx C The Following Shareholders Ex G share capital balance html?launchid=e9438267-2413-4132-36ee-f0de4caf4e00/question/2 uestion 3 of 3 11.94/18 in (To record reacquisition of preferred shares) Sept. 16 Common Shares 395 200 Retained Earnings 395.200 Cash 790.500 (To record reacquisition of common shares) Det 27 Stock Dividends 120.700 Stock Dividends Distributable 120.700 To record declaration of stock dividend) Dec 13 Stock Dividends Distributable 120.700 Common Shares 120,00 To record distribution of stock dividend) e Textbook and Media List of Accounts You weriartially correct o ASUS up And tip C The Following Shareholders EX G share capital balance
