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please help me fix the following questions On June 8, Tarjee Ltd was incorporated and issued 57,000 common shares for $342,000. On August 19, an

please help me fix the following questions

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On June 8, Tarjee Ltd was incorporated and issued 57,000 common shares for $342,000. On August 19, an additional 14,250 shares were issued for $99,750. On November 2, the company paid $34,800 to reacquire 6,000 common shares and on December 7 it paid $60,750 to reacquire 8,100 common shares. Your answer is partially correct. Try again. Calculate the average cost of the common shares on June 8, August 19, November 2, and December 7. (Round answers to 2 decimal places, e.g. 15.25.) Average Cost June 8 X Aug. 19 Nov. 2 5.8 Dec. 7 7.5 SHOW LIST OF ACCOUNTS LINK TO TEXT Your answer is partially correct. Try again. Prepare the journal entries to record the above transactions. (Credit account titles 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.) Date Account Titles and Explanation Debit Credit June 8 V Cash 342000 Common Shares 342000 Aug. 19 Cash 99750 Common Shares 99750 Nov. 2 V Common Shares 36000 Cash 34800 Contributed Surplus 1200 Dec. 7 Common Shares 48600 Contributed Surplus 1200 Retained Earnings 10950 Cash 60750 Question 4 Covington Ltd. was incorporated as a private company on January 2, 2016, and is authorized to issue an unlimited number of common shares and $1 preferred shares. The company had the following share transactions in its first month of operations: Jan. 6 Issued 207,000 common shares for $1.50 per share. 12 Issued 55,000 common shares for $1.58 per share. 17 Issued 9,100 preferred shares for $27.00 per share. 18 Issued 490,000 common shares for $2.00 per share. 24 Reacquired 202,000 common shares at $1.90 per share. 31 Issued 10,200 common shares in exchange for $15,300 of legal services. Record the above transactions. (Round average cost per share to 3 decimal places, e.g. 1.246. Credit account titles 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 0 for the amounts.) Date Account Titles and Explanation Debit Credit Jan. 6 V Cash 310500 Common Shares 310500 Jan. 12 V Cash 86900 Common Shares 86900 Jan. 17 V Cash 245700 Common Shares 245700 Jan. 18 V Cash 980000 Common Shares 980000 Jan. 24 Common Shares Retained Earnings Cash Jan. 31 Professional Fees Expense 15300 Common Shares 15300 SHOW LIST OF ACCOUNTS LINK TO TEXT What is the number and average cost of the preferred and common shares at the end of January? (Round answers to 3 decimal places, e.g. 1.246.) Numbers Average Cost Preferred shares Common shares Question 10 Pukalani Corporation started the year ended November 30, 2018, with 174,000 common shares and no preferred shares issued. The following changes in share capital occurred during the year: Feb. 28 Issued 44,160 common shares for $767,000. Sept. 4 Issued 56,400 $1 cumulative preferred shares for $1,410,000. 1 Issued 18,720 common shares in exchange for land. The shares were trading for $20 on this date and the fair value of the land was $358,700. 30 Reported net income of $1,052,100. 30 Dedared the quarterly cash dividend to the preferred shareholders of record on December 14, payable on December 31. Nov. x] Your answer is incorrect. Try again. Calculate the income available for the common shareholders. Income available to common shareholders 995700 LINKS TO TEXT Your answer is correct. Calculate the weighted average number of common shares for the year. Weighted average number of common shares 208680 SHOW SOLUTION SHOW ANSWER LINK TO TEXT x Your answer is incorrect. Try again. Calculate the basic earnings per share for the year. (Round answer to 2 decimal places, e.g. 52.75.) x Basic earnings per share 4.77 LINK TO TEXT Question Attempts: 2 of 3 used SAVE FOR Question 6 Your answer is partially correct. Try again. ull Inc. is considering one of the three following courses of action: (1) paying a $0.40 cash dividend, (2) distributing a 6% stock dividend, or (3) effecting a 2-for-1 stock split. The current share price is $13 per share. Help will make its decision by completing the following chart (treat each possibility Independently): After Cash After Stock After Before Action Dividend Dividend Stock Split Total assets $1,372,000 1332000 1372000 1372000 Total abilities $266,000 266000 266000 266000 Shareholders' equity Common shares 645,000 645000 679000 645000 Retained earnings 461,000 421000 414000 461000 Total shareholders' equity 1,106,000 1066000 1106000 1106000 Total liabilities and shareholders' equity $1,372,000 1332000 1372000 1372000 Number of common shares 100,000 100000 106000 200000 LINK TO TEXT Question Attempts: 2 of 3 used SAVE FOR LATER

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