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need number 20 answered pay attention she wants the METHOD as part of the answer. Thank you y's balance sheet shows ock. $20 CISD 206

need number 20 answered pay attention she wants the METHOD as part of the answer. Thank you
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y's balance sheet shows ock. $20 CISD 206 SMS ) $1.000.000 - 150,000 S os Ovi Paid-in capital in excess of par INSTRUCTIONS Record the following transactions in the southed. A same price, 527 cach 4,050,000 50,000 has all the chased 1.000 shares of its common stock share TS 09,000 CASH 39,000 orto (th Howe retired 500 shares of treasury stock. ( 1213806 COMMON STOCK (500x3o) 10,00 (+3530 PAS Soxo) EXCUFARIK RETAINED EARNSAGES UFAR A R 53, 500005a). MOD 500X37 TREASURY STOCK PETO CASE 1,600 (C) Howe sold 250 of the treasury shares a shwe CASA 7,000 ADDSTOONS = 3,500 (d) Howe sold the remaining 250 of the treasury shares a $30 a share. PRE 250 a share, TS 250 CASH 7,500 nie Pann P CA CAPITAL TS 260 7 250 20. Pippen Corporation sold 50 shares of common stock ($20 par) and 60 shares de preferred stock (sio par) for $7.000. The FMV of the common stock was $100 and the preferred $50.00 INSTRUCTIONS: Clearly label cach situation with the method used (a)Prepare the entry to record the sale for cash; show computations. Method: (b)Assume the preferred had no readily available market price. Prepare the entry to record the sale for cash. Method

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