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Please record Accouting transactions as Journal Entries : A . Issued 1 1 0 0 0 shares of $ 1 0 par common stock at

Please record Accouting transactions as Journal Entries :
A. Issued 11000 shares of $10 par common stock at $11, receiving cash.
B. Issued $ 220000 of 10 year 10% bonds at a market (effective) interest rate of 9%,
with interest payable semiannually.
Use 0.38554 as Present Value of $1 at Compound Interest Due & Round all calculations to the nearest dollar.
C. Declared a dividend of $0.25 per share on common stock. On date of declaration,
35200 shares of common stock were outstanding.
D. Paid cash dividend from (c) above.
E. Purchased 13200 shares of Jones Company for $10 per share, plus $6600 commission.
Our company purchased less than 20% of the outstanding stock of Jones Company.
F. Declared a 5% stock dividend on the $10 par common stock when the
market price was $ 25 per share. There were 35200 Shares outstanding.
G. Distributed the stock dividends declared in (F).
H. Purchased $5000 of 5% bonds at par.
Interest is payable semiannually.
I. Purchased 660 shares of treasury common stock for $12 per share.
J. Received semiannual interest from bonds purchased in (H).
K. Received a total cash dividend of $1320 from Jones Company.
L. Received a $2200 dividend from our investment in Masco Company stock.
This investment is accounted for under the equity method.
M. Sold, at $17 per share, 330 shares of treasury common stock purchased in (I).
N. Sold 2640 shares of Jones company stock purchased in (E) for $13
per share, including commission.
O. Masco Company's total earnings are $110000. We own 40%. Record the earnings
for our company using the equity method.
P. Sold the bonds purchased in (H) at 103 plus $63 in accrued interest.
Q. At the end of the accounting period, the remaining shares of Jones Company stock
increased $2.00 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 straight-line method.
Round all calculations to the nearest dollar

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