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On March 10, 2018, Global Solutions, Inc. purchased 12,500 shares of Superior Technology's 2,000,000 shares of stock for $41 per share. The following information pertains
On March 10, 2018, Global Solutions, Inc. purchased 12,500 shares of Superior Technology's 2,000,000 shares of stock for $41 per share. The following information pertains to the fair value of Superior Technology's stock 12/31/2018 12/31/2019 ter Share $39 36 Required: Prepare the journal entries required on each date given. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 Record the purchase of 12,500 shares of Superior Technologies for $44 per share. Note: Enter debets before credite Date General Journal Debit Credit March 10, 2018 111
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