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Please record Accounting Journal Entries for the following transactions: A . Issued 1 1 0 0 0 shares of $ 1 0 par common stock
Please record Accounting Journal Entries for the following transactions: A Issued shares of $ par common stock at $ receiving cash. B Issued $ of year bonds at a market effective interest rate of with interest payable semiannually. Use the Present Value Tables in Appendix A of text book. Round all calculations to the nearest dollar. C Declared a dividend of $ per share on common stock. On date of declaration, shares of common stock were outstanding. D Paid cash dividend from c above. E Purchased shares of Jones Company for $ per share, plus $ commission. Our company purchased less than of the outstanding stock of Jones Company. F Declared a stock dividend on the $ par common stock when the market price was $ per share. There were Shares outstanding. G Distributed the stock dividends declared in F H Purchased $ of bonds at par. Interest is payable semiannually. I. Purchased shares of treasury common stock for $ per share. J Received semiannual interest from bonds purchased in H K Received a total cash dividend of $ from Jones Company. L Received a $ dividend from our investment in Masco Company stock. This investment is accounted for under the equity method. M Sold, at $ per share, shares of treasury common stock purchased in I N Sold shares of Jones company stock purchased in E for $ per share, including commission. O Masco Company's total earnings are $ We own Record the earnings for our company using the equity method. P Sold the bonds purchased in H at plus $ in accrued interest. Q At the end of the accounting period, the remaining shares of Jones Company stock increased $ per share R Record the payment of semiannual interest on the bonds issued in B and the amortization of the premium for six months. The amortization is determined using the straightline method. Round all calculations to the nearest dollar
Please record Accounting Journal Entries for the following transactions:
A Issued shares of $ par common stock at $ receiving cash.
B Issued $ of year bonds at a market effective interest rate of
with interest payable semiannually.
Use the Present Value Tables in Appendix A of text book. Round all
calculations to the nearest dollar.
C Declared a dividend of $ per share on common stock. On date of declaration,
shares of common stock were outstanding.
D Paid cash dividend from c above.
E Purchased shares of Jones Company for $ per share, plus $ commission.
Our company purchased less than of the outstanding stock of Jones Company.
F Declared a stock dividend on the $ par common stock when the
market price was $ per share. There were Shares outstanding.
G Distributed the stock dividends declared in F
H Purchased $ of bonds at par.
Interest is payable semiannually.
I. Purchased shares of treasury common stock for $ per share.
J Received semiannual interest from bonds purchased in H
K Received a total cash dividend of $ from Jones Company.
L Received a $ dividend from our investment in Masco Company stock.
This investment is accounted for under the equity method.
M Sold, at $ per share, shares of treasury common stock purchased in I
N Sold shares of Jones company stock purchased in E for $
per share, including commission.
O Masco Company's total earnings are $ We own Record the earnings
for our company using the equity method.
P Sold the bonds purchased in H at plus $ in accrued interest.
Q At the end of the accounting period, the remaining shares of Jones Company stock
increased $ per share
R Record the payment of semiannual interest on the bonds issued in B
and the amortization of the premium for six months.
The amortization is determined using the straightline method.
Round all calculations to the nearest dollar
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