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On April 7.2021, Mo's Motor Corp. had a balance of 5560.000 in its Common Shares account and the total number of shares issued was 40,000.
On April 7.2021, Mo's Motor Corp. had a balance of 5560.000 in its Common Shares account and the total number of shares issued was 40,000. On April 8, 2021 Mo's paid 515 600 to reacquire 1 300 shares on November 22, 2021, the company paid $4800 to reacquire 2.800 shares. On December 30, the company issued 6.500 shares for $18.50 per share Determine the average per share amount on April 7 and November 22, 2021. Round answer to 2 decimal places es 15:25) Average per share amount $ 14 List of Accounts List of Accounts Record the transactions for the reacquisitions of shares and issue of shares. (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) Date Account Titles and Explanation Debit Credit Apr 8 Common Shares Contributed Surplus-Reacquisition of Common Shares - / 10 Date Account Titles and Explanation Debit Credit Apr. 8 Common Shares Contributed Surplus-Reacquisition of Common Shares Cash Nov. 22 Common Shares Contributed Surplus-Rexcquisition of Common Shares Retained Earnings 4400 Dec 30 Cash EN SEM Dec. 30 Cash Common Shares List of Accounts How many common shares remain at the end of the year? Common shares 37600 List of Accounts
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