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Oriole Ltd. had the following share transactions during its first year of operations: Jan. 62 Jan. 12 Mar 17 17 July 18 Nov. 17
Oriole Ltd. had the following share transactions during its first year of operations: Jan. 62 Jan. 12 Mar 17 17 July 18 Nov. 17 Dec. 30 30 Issued 164,000 common shares for $1.55 per share. Issued 41.000 common shares for $1.80 per share. Issued 800 preferred shares for $105 per share. Issued 820,000 common shares for $2 per share. Reacquired 164.000 common shares for $1.95 per share. Reacquired 123,000 common shares for $1.80 per share. itles 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 O for the amounts. Round average per share to 2 decimal places, eg 52.75 and final answers to O decimal places, eg. 5,275. Record journal entries in the order presented in the problem. List all debit entries before credit entries.) Date Account Titles Jan 6 Cash Common Shares Jan. 12 Cash Common Shares Mar. 17 Cash Preferred Shares July 18 Cash Common Shares Debit Credit 254200 73800 84000 1640000 lov. 17 Common Shares 254200 Contributed Surplus-Reacquisition of Common Shares 65600 Cash Dec. 30 Common Shares 237800 Contributed Surplus-Reacquisition of Common Shares Cash 254200 73800 84000 1640000 319800 16400 221400
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