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Please reply soon and do both! Thank you!! Question 45 Sunland purchased 2000 shares of its own previously issued $10 par common stock for $42000.
Please reply soon and do both! Thank you!!
Question 45 Sunland purchased 2000 shares of its own previously issued $10 par common stock for $42000. As a result of this event, O Sunland Common Stock account decreased $20000. O Sunland total stockholders' equity decreased $42000. O Sunland Paid-in Capital in Excess of Par Value account decreased $22000. O All of these answer choices are correct. CALCULATOR Question 40 Grouper Corp. issues 860, 10-year, 8%, $1000 bonds dated January 1, 2017, at 95. The journal entry to record the issuance will show a O debit to Cash for $817000. credit to Discount on Bonds Payable for $43000. O debit to Cash of $860000. O credit to Bonds Payable for $817000Step by Step Solution
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