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please write down journal entries for all of them, thank you. Issued 1 0 , 0 0 0 new shares of common stock in exchange
please write down journal entries for all of them, thank you.
Issued new shares of common stock in exchange for a piece of land. The stock was selling on the market at an average price of $ per share on the date of sale and the par value of the stock was cents.
Purchased land with a cost $ A down payment was made in the amount of $ cash and a year note payable was signed for the difference.
Purchased additional store equipment for $ paying cash.
The $ notes receivable was related to the sale of merchandise inventory to a credit customer this period. Hint: The increase in notes receivable should be reported as an addition to the operating activities section of the statement of cash flows.
Issued bonds with a face amount of $ at Hint: The amortization of the bond discount in the amount of $ should be reported as an addition to the operating activities section.
Used the cash proceeds from the bond issue to pay off the mortgage payable of $
The company repurchased shares of its common stock on the open market for $ per share.
The company reissued of the treasury shares at a price of $ per share.
Issued shares of preferred stock at $ per share.
Paid cash dividends of $ to preferred and common stockholders.
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