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On January 1, 2010 OurNew Corp.'s board of directors authorized 100,000 shares of $1 par value stock for issuance. On that date 70,000 shares were
On January 1, 2010 OurNew Corp.'s board of directors authorized 100,000 shares of $1 par value stock for issuance. On that date 70,000 shares were issued for $20 per share. On January 2, 2018, OurNew Corp. reacquired 5,000 shares for $15 per share. The shares were retired immediately. On January 2, 2020, OurNew Corp. reacquired 8,000 shares for $25 per share. The shares were retired immediately. The January 2, 2018 entry will include a [Select] to the Common Stock account for $ Select] V and a credit to Paid-In- Capital Share Repurchase for $ Select] After the January 2, 2020 entry the balance in Paid-In-Capital Share Repurchase should be $ Select] On January 1, 2010 OurNew Corp.'s board of directors authorized 100,000 shares of $1 par value stock for issuance. On that date 70.000 shares were issued for $20 per share. On January 2, 2018, Our New Corp. reacquired 5,000 shares for $15 per share. The shares were retired immediately. On January 2, 2020, OurNew Corp. reacquired 8,000 shares for $25 per share. The shares were retired immediately. The January 2, 2018 entry will include a Select] X to the Common Stock account for $ Select [ Select) debit credit lit to Paid-in- Capital Share Repurchase for $ Select Ater the January 2, 2020 entry the balance in Paid-In-Capital Share Repurchase should be $ [Select On January 1, 2010 Our New Corp.'s board of directors authorized 100,000 shares of $1 par value stock for issuance. On that date 70,000 shares were issued for $20 per share. On January 2, 2018. OurNew Corp, reacquired 5,000 shares for $15 per share. The shares were retired immediately. On January 2, 2020, Our New Corp, reacquired 8,000 shares for $25 per share. The shares were retired immediately. The January 2, 2018 entry will include a [ Select] to the Common Stock account for $ | Select and a credit to Paid-In- I Select) Capital Share Repurchase for 5000 75000 0 After the January 2. 2020 entry the balance in Paid-In-Capital Share Repurchase should be $ Select] This question comes from the 5th set of Nearpods for chapter 18 On January 1, 2010 Our New Corp.'s board of directors authorized 100,000 shares of $1 par value stock for issuance. On that date 70,000 shares were issued for $20 per share. On January 2, 2018, OurNew Corp. reacquired 5,000 shares for $15 per share. The shares were retired immediately. On January 2, 2020, Our New Corp. reacquired 8,000 shares for $25 per share. The shares were retired immediately. The January 2, 2018 entry will include a (Select] to the Common Stock account for $ [Select and a credit to Paid-in- ho Capital Share Repurchase for $ Select Select] 25000 After the January 2, 2020 entry 75000 0 should be $ Select Share Repurchase On January 1, 2010 OurNew Corp.'s board of directors authorized 100,000 shares of $1 par value stock for issuance. On that date 70.000 shares were issued for $20 per share. On January 2, 2018. OurNew Corp. reacquired 5,000 shares for $15 per share. The shares were retired immediately. On January 2, 2020, OurNew Corp. reacquired 8,000 shares for $25 per share. The shares were retired immediately. The January 2, 2018 entry will include a [ Select ] to the Common Stock account for $ (Select] and a credit to Paid-In- Capital Share Repurchase for $ Select) After the January 2, 2020 entry the balance in Paid-In-Capital Share Repurchase h should be $ [Select] I Select] 40000 200000
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