On January 1, 2021, Hum Enterprises Inc. had 68,000 common shares, recorded at $476,000. The company follows IFRS. During the year, the following transactions occurred:

Apr. 1		Issued 6,000 common shares at $9 per share.
June 15		Declared a 5% stock dividend to shareholders of record on September 5, distributable on September 20. The shares were trading for $11 a share at this time.
Sep. 21		Announced a 1-for-2 reverse stock split. Shares were trading at $9 per share at the time.
Nov. 1		Issued 3,000 common shares at $20 per share.
Dec. 20		Repurchased 10,000 common shares for $18 per share. This was the first time Hum had repurchased its own shares.

a) Record each of the transactions. Keep a running balance of the average per share amount of the common shares.

Hint: Journal for dec 20 is (3 accounts)

b) Record the last transaction (Dec. 20) assuming the price to reacquire the shares was $13 per share. This is the first time Hum had repurchased its own shares.

Hint: 3 accounts

c) Record the last transaction (Dec. 20) assuming the price to reacquire the shares was $16 per share. Also assume that Hum has a credit balance of $2,300 in its Contributed SurplusReacquisition of Common Shares account.

Hint: 4 accounts