Question 2 of 6 > -74 View Policies Current Attempt in Progress Ivanhoe Company had these transactions during the current period. June 12 July 11 Nov. 28 Issued 82,500 shares of $1 par value common stock for cash of $309,375. Issued 3,450 shares of $100 par value preferred stock for cash at $104 per share. Purchased 2,650 shares of treasury stock for $8,450. Prepare a tabular summary to record the Ivanhoe Company transactions. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. Assets Liabilities Cash Common Stock + PIC in Excess o $ $ $ $ June 22 July 11 Nov. 28 e Textbook and Media Question 2 of 6 -74 = View Policies Current Attempt in Progress Ivanhoe Company had these transactions during the current period. June 12 July 11 Nov. 28 Issued 82.500 shares of $1 par value common stock for cash of $309,375. Issued 3,450 shares of $100 par value preferred stock for cash at $104 per share. Purchased 2,650 shares of treasury stock for $8.450. Prepare a tabular summary to record the Ivanhoe Company transactions. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset. Liability or Equity item that was reduced.) Stockholders' Equit Paid-in-Capital PIC in Excess of Par Com Pref. Stock PIC in Excess of Par Pref. Treasury Stock $ $ + + $ s e Textbook and Media List of Accounts Attempts: 0 of 3 used Submit Answer Save for Later Question 2 of 6 -14 View Policies Current Attempt in Progress Ivanhoe Company had these transactions during the current period June 12 July 11 Nov. 28 Issued 82.500 shares of $1 par value common stock for cash of $309,375. Issued 3.450 shares of $100 par value preferred stock for cash at $104 pershare. Purchased 2,650 shares of treasury stock for $8.450 Prepare a tabular summary to record the Ivanhoe Company transactions. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity place a negative sign for parentheses) in front of the amount entered for the particular Asset. Liability or Equity item that was reduced) Stockholders' Equity Retained Earnings Dividend Treasury Stock Revenue Expense $ $ $ Paid inapitalices offered tock Preferred stock Pald-in capital incess of common stock Dividends erstense Common stock e Textbook and Media List of Accounts Attempts:0 of 3 used Submit Answer Save for Later
