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MeNichols Corp reports the following transictions relating to its steck actounts: Jin. 15 issued 40000 shares of 35 par value commen' wook at 317 cash
MeNichols Corp reports the following transictions relating to its steck actounts: Jin. 15 issued 40000 shares of 35 par value commen' wook at 317 cash per share |ain. 20 tssued 9.000 thates of 550 par value, ast piefered stock at 378 cash per share. Mar. 31 Purchased 4,500 thaies of its own tommon stodk at $20 cash per stare. Jun 25 sold 3,000 shares of the treasuly stock at 326 cath per shace ful, 15 Sold the remaining 1.500 shares of treasury stock at $19cath per share. Using the finarial statement effects temptate. ilustrate the eflects of these transaccons NOTE USe negstive sigrs wath yout answers. When apprepilate. NOrE:-Select 'NMW' as your answee if a part of the aceowiting equation is not affected Hierie aniber at pares of the quesout. MeNichols Corp reports the following transictions relating to its steck actounts: Jin. 15 issued 40000 shares of 35 par value commen' wook at 317 cash per share |ain. 20 tssued 9.000 thates of 550 par value, ast piefered stock at 378 cash per share. Mar. 31 Purchased 4,500 thaies of its own tommon stodk at $20 cash per stare. Jun 25 sold 3,000 shares of the treasuly stock at 326 cath per shace ful, 15 Sold the remaining 1.500 shares of treasury stock at $19cath per share. Using the finarial statement effects temptate. ilustrate the eflects of these transaccons NOTE USe negstive sigrs wath yout answers. When apprepilate. NOrE:-Select 'NMW' as your answee if a part of the aceowiting equation is not affected Hierie aniber at pares of the quesout
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