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What was the P/E ratio on the date of the last Treasury Stock transaction? 44 page 2 Credit Debit 20,000 49 20,000 XYZ Co. 45
What was the P/E ratio on the date of the last Treasury Stock transaction?
44 page 2 Credit Debit 20,000 49 20,000 XYZ Co. 45 Journal 46 47 Date Description 48 8/31/2021 Dividends Payable - Preferred Stock Cash 50 51 9/10/2021 Cash 52 Accounts Receivable 53 Interest Revenue 54 55 9/12/2021 Cash Treasury Stock 57 Paid-In Capital - Treasury Stock 58 51,250 50,000 1,250 98,800 56 85,800 13,000 4,126,000 8,450 500,000 217,650 1,700,000 50,000 40,000 Accumulated depreciation-store buildings and equipment Allowance for doubtful accounts Bonds payable Cash Common stock, $20 par (400,000 shares authorized; 85,000 shares issued, 94,600 outstanding Cash dividends - common stock Cash dividends - preferred stock Dividends Payable - common stock Dividends Payable - preferred stock Goodwill Income tax payable Interest receivable Merchandise Inventory Land Office buildings Office Equipment Paid-in capital - Treasury Stock Paid-in capital in excess of par-common stock Paid-in capital in excess of par-preferred stock Preferred 5% stock, $80 par (30,000 shares authorized; 16,000 shares issued) Premium on bonds payable Prepaid Insurance Retained earnings Store buildings Store Equipment Treasury stock Unearned Revenues 700,000 44,000 1,200 778,000 2,000,000 4,000,000 320,000 13,000 736,800 170,000 1,280,000 19,000 30,000 10,409,433 9,000,000 3,560,000 178,200 112,000
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