Maximus Corporation is a regional company which is an SEC registrant. The corporation's securities are thinly traded on NASDAQ Maximus Corp. has led 12.50 $625 par, 12% subordinated debenture and 13 shares of $6 par common stock. The units were sold to outside investors for cash at $1,100 per wit Prior to this sale, the stock was $50 per share. Twelve percent is a reasonable market yield for the debentures, and therefore the par value of the bonds is equal to the fair val (a) Prepare the journal entry to record Maximus' transaction, using the incremental method For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) BIUS Paragraph Arial 3 1001 w Each QUESTION 10 Maximus Corporation is a regional company which is an SEC registrant. The corporation's securities are thinly traded on NASDAQ Maximus Corpsed 12.00 Tack $625 par, 12% subordinated debenture and 13 shares of $6 par common stock. The units were sold to outside investors for cash at $1,100 per unit. Prior to this the 3-price of stock was $50 per share. Twelve percent is a reasonable market yield for the debentures, and therefore the par value of the bonds is equal to the fair val (a) Prepare the journal entry to record Maximus's transaction, using the proportional method For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) B I U s Paragraph x x Arial AT 10pt ON 11 Patriots Corporation has outstanding 22,000 shares of $5 par value common stock. On August 1, 2020, Patriots reacquired 210 shares at $3 per share. On Novender 1, Pr at $73 per share. Patriotsi had no previous treasury stock transactions. Prepare Patriot's journal entries to record these transactions using the cost method. For the toolbar, press ALT+F10 (PC) or ALT-FN-F10 (Mac). BIVS Paragraph v Arial 10pt - F 3 ~ r E- D