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Please answer three of them for me. Thank you so much! Instruction X x On April 2 a corporation purchased for cash 7,000 shares of
Please answer three of them for me. Thank you so much!
Instruction X x On April 2 a corporation purchased for cash 7,000 shares of its own $11 par common stock at $27 a share. It sold 4,000 of the treasury shares at $30 a share on June 10. The remaining 3,000 shares were sold on November 10 for $23 a share. Required: * a. Journalize the entries to record the purchase treasury stock is recorded at cost).* b. Journalize the entries to record the sale of the stock.* *Refer to the Chart of Accounts for exact wording of account titles. Tamalla tha antriae te record thaala at the staran Tuna and Novambar Dator to the charmanunte farova ordinea anunta Vincent Corporation has 100,000 shares of $105 par common stock outstanding. On June 30, Vincent Corporation declared a 3% stock dividend to be issued on July 30 to stockholders of record July 15. The market price of the stock was $123 a share on June 30. If no entry is required, select "No Entry" and leave the amount boxes blank. Journalize the entry required on June 30. If an amount box does not require an entry, leave it blank. June 30 Journalize the entry required on July 15. If an amount box does not require an entry, leave it blank. July 15 Journalize the entry required on July 30. If an amount box does not require an entry, leave it blank. July 30 On the first day of the fiscal year, a company issues a $950,000, 10%, 5-year bond that pays semiannual interest of $47,500 ($950,000 ~ 10% 1/2), receiving cash of $884,174. Required: Journalize the entry to record the issuance of the bonds. Refer to the Chart of Accounts for exact wording of account titlesStep by Step Solution
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