JUST NEED TO SOLVE THE SECOND QUESTION!!! Lawn Ltd. was incorporated as a private company on January 2, 2018, and is authorized to issue an
JUST NEED TO SOLVE THE SECOND QUESTION!!!
Lawn Ltd. was incorporated as a private company on January 2, 2018, and is authorized to issue an unlimited number of common shares and $1 preferred shares. The company had the following share transactions in its first month of operations:
Jan.6 Issued 197,000 common shares for $1.50 per share.
Jan.12 Issued 50,000 common shares for $1.81 per share.
Jan.17 Issued 10,200 preferred shares for $26.00 per share.
Jan.18 Issued 453,000 common shares for $2.00 per share.
Jan.24 Reacquired 190,000 common shares at $1.90 per share.
Jan.31 Issued 9,000 common shares in exchange for $13,500 of legal services.
Myw eyPLUS | HEIE | yPLUS INTRODUCTION TO ACCOUNTING I-MAJORS(ACTGIP11) NEXT Wi leyPLUS Kimmel, Financial Accounting, Seventh Canadian E @ MESSAGEMvmsmucroR s'rAuDAnnvwa vaYERVERsIcm ' iancx ASSIGNMENT RESOURCES ' cha r 11 Asai nment Exercise \"'3 practice \"95m," 01 Lawn Ltd. was incorporated as a private company on January 2, 201s, and is authorized to issue an unlimited number of common shares and 51 preferred shares. The company had the following share transactions in its rst month of operations: Practice uestian 02 Practice Question 03 Practice uestian 05 Practice Question 05 Practice uestion a7 17 Issued 10,200 preferred shares fur $26.00 per share. Practice Question 09 18 Issued 453,000 common shares for $2.00 per share. Practice uestion 11 24 Practice ue tian 12 Jan 6 Issued 197,000 common shares for $150 per share 12 Issued 50,000 common shares for $1.31 per share. Reacquired 190,000 common shares at $1190 per share. Practice \"95mm 13 31 Issued 9,000 common shares in exchange for $13,500 of legal semces. Practice Question 14 Practice uestlon 15 . _ Record the above transactions. (Round average cost per share to 3 decimal places, e.g. 1.246. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no Pr 5'3\"\" \"95W" 13 entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Practice Question 19 Date Account Tides and Explanation Debit Credit Exercise 11-9 ' ' 'Jan.6 VJ 'Cash \\ H Review Snare i ' ' ' Review Reaulta by Study 1 obiective ] [ v WileyPLUS ' a: r My prus | HEIE | Klmmel, Financial Accounting, Seventh Canadlan Edition messes: Nv msrnucroR ' snumum vxew ' DRINYER vensxon I ' 1 ex INTRODUCTION TO ACCOUNTING I-MAJORS(ACTGIP11) NEXT ASSIGNMENT RESOURCES ch: ruAsai nmen: , , , , , ,, , ,, , , Practice uestion o1 ' ' ' [ ' Practice uestian 02 Practice Question 03 ' v ' ' ' ' ' ' Practice uestian as ' Practice Question 05 ' ' J ' \\ Practice uestion 07 Practice guestian 09 Jan. 24 ' ' ' l ' 1 Practice uestion 11 Practice ue tian 2 ' J ' ' \\ Practice uestion 13 : Practice Question 14 ' 1 ' ' ' Practice uestlon 15 Practice Question 18 'l ' l r I ' ' Practice Question 19 ' ' ' ' ' Exercise 11-9 ' Rev'ew Snore ; LINK YO TEXT Rev w Results by Study Obie iva What iS the number and average cost of the preferred and common Shares at the end of January? (Round answers to 3 decimal places, e.g. 1.24s.) Numbers Average Cost Preferred Shares ' '3' Common shares \\ ,5 i LINK To TEXT Question Attempts: Unl Ited SAVE FOR LATER r SUBMIT
