Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Problem 3 PT. Besides Hati on December 31, 2018, it has the following data: Common stock, IDR 25,000 par (50,000 basic shares, 30,000 issued shares)

image text in transcribed
Problem 3 PT. Besides Hati on December 31, 2018, it has the following data: Common stock, IDR 25,000 par (50,000 basic shares, 30,000 issued shares) IDR 750,000,000 Preferred stock IDR 50,000 par, 5%, (15,000 basic shares, 8,000 issued shares) IDR 400,000,000 Treasury stock (3,000 shares) IDR 60,000,000 Transactions during 2019 are as follows: Jan 30 Issued 10,000 common shares in exchange for a plot of land whose market value is IDR 280,000,000 Feb 28 Issued and sold 5,000 preferred shares with a market value of IDR 60,000 Mar 1 Declared a 3% share dividend over Common shares to be capitalized based on the market price of Rp. 27,000. And dividend cash on shares is preferred. Mar 30 Sold 2,000 treasury shares worth Rp 50,000,000 April 30 Issued common shares of dividend shares declared on the 1st March. And pay cash dividends. May 31 Did a 1: 2 stock split of common shares Order: Make a journal for all of the above transactions

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Social Media Audit Measure For Impact

Authors: Urs E. Gattiker

2013 Edition

1461436028, 978-1461436027

More Books

Students also viewed these Accounting questions

Question

2. Describe how technology can impact intercultural interaction.

Answered: 1 week ago