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Question 22 Prepare journal entries to record the following transactions. Descriptions are not required but please label the date for each January 10 - Issued
Question 22 Prepare journal entries to record the following transactions. Descriptions are not required but please label the date for each January 10 - Issued 1.000 shares of $10 par common stock at $56 for cash. January 22-issued 1.400 shares of $10 par common stock in exchange for equipment with a fair market price of 32.000 BOL 1-Purchased 100 shares of treasury stock at $25. June 8 - Sold the 100 shares of treasury stock (purchased April 1) at $30. 8 | -22 9 A A I = 1120 = = = = = Paragraph = = =
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