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please look at the answer boxes when providing an answer!! Splish Corporation is authorized to issue 47,000 shares of $5 par value common stock. During
please look at the answer boxes when providing an answer!!
Splish Corporation is authorized to issue 47,000 shares of $5 par value common stock. During 2025 , Splish took part in the follo selected transactions. a. Issued 4,800 shares of stock at $44 per share, less costs related to the issuance of the stock totaling $5.800. b. Issued 1,100 shares of stock for land appraised at $47,000. The stock was actively traded on a national stock exchange at approximately $45 per share on the date of issuance. c. Purchased 470 shares of treasury stock at $46 per share. The treasury shares purchased were issued in 2021 at $43 per share. d. Retired the treasury shares purchased in part (c). Prepare the journal entries to record these transactions using the cost method. (List all debit entries before credit entries, Credit accounk titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter 0 for the amounts.) d. Treasury Stock 1410 Paid-in Capital in Excess of Par - Treasury Stock No Entry 0 No Entry Step by Step Solution
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