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The red is incorrect, I will upvote if correct. Indigo Ltd was incorporated on January 1,2024 . During the year the compary entered into the
The red is incorrect, I will upvote if correct.
Indigo Ltd was incorporated on January 1,2024 . During the year the compary entered into the following transactions: Jan. 5 issued 52.000 commonshares for $2.50 per share. fan. - 20 Issued 3.000 common shares to settle legal expenses. The value of the legal expenses was $10.250. Feb. 10 - issued 9.000 preferred shares for $30.00 per share. Aue 12 Repurchased 15,600 commonshares for $2,40 per share. Oct 1 iesued 5,200 common shares for $2.25 per share. Dec 15 Repurchased 22,000 common shares for 52.65 peir share. Record the above transactions, (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts. Recond joumal entries in the order presented in the problem. List all debit entries before credit entries. Round per share colculations to 2 decimal ploces, eg. 5.75 and final answers to 0 decimal places, eg. 5, 275.) Step by Step Solution
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