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Chapter Teri Regular Homework Svet Help Savet Submit Check my work 1 1 A company has two classes of stock authorized: 8%, $10 par preferred,
Chapter Teri Regular Homework Svet Help Savet Submit Check my work 1 1 A company has two classes of stock authorized: 8%, $10 par preferred, and $1 per value common. The following transactions affect stockholders' equity during Year 1, its first year of operations: January 3 Tone 100,000 shares of common stock for $20 per share. February 6 tomus 1.500 shares of preferred stock for 012 per share. September 10 Purchases 10,000 shares of its own common stock for $25 per share. December 15 kila 5,000 shares of treasury stook at $30 per share. Required: Record each of these transactions of entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) HIM sferences View transaction list Journal entry worksheet Chi 1 1 1 Doints Journal entry worksheet 2 3 4 Record the issuance of 100,000 shares of common stock for $20 per share. 1 No Enteriore credit Gerlural Journal Debit Credit Date January 02 Record entry Clear entry View general journal Check my we 1 Journal entry worksheet 1 D 2 3 Record the issuance of 1.500 shares of 8% preferred stock for $12 per share. Enter debes before credits General Journal Delt Crest February 05 Chaar aairy Viewer journal Check 1 Journal entry worksheet 1 pants 2 > Record the purchase of 10,000 shares of its own common stock for $25 per share. Nota: Enter bits before credits General Journal Dale September 10 Debit Credit Recentry Ceny View general journal Check my wo 1 1 Journal entry worksheet
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