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Write the journal entry for each item: 1. Ariel Inc. purchases 2,000 shares of its $50 par value common stock for $180,000 cash on June
Write the journal entry for each item: 1. Ariel Inc. purchases 2,000 shares of its $50 par value common stock for $180,000 cash on June 1. It will hold the shares in the treasury until resold. 2. On November 1, the corporation sells 1,000 shares of treasury stock for cash at $100 per share. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). Miracle Research Labs issued 3,000, 7%, $1,000 bonds dated January 1, 2022, at 100. Interest is paid each January 1. Prepare the journal entry to record the sale of these bonds on January 1, 2022. Then prepare the adjusting journal entry on December 31, 202, to record interest expense. Then prepare the journal entry on January 1, 2023, to record interest paid. For the taalbarence AT+C10/D OF A TACNA Red, White & Blue Inc. issued $500,000, 10-year bonds at a discount. Prior to maturity, when the carrying value of the bonds is $496,000, the company redeems the bonds at 98. Prepare the entry to record the redemption of the bonds For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt 2 I. In What is the journal entry to record the issuance of $900,000 8%, 10-year bonds at face vlaue. Interest is payable annually each January 1. At the end of its first year of operation, Dell Corporation has $500,000 of common stock and net income of $200,000. Prepare the stockholders' equity section at year-end For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) BIVS Paragraph Arial 10pt E Av . IXO Oriole Company issues $2,000,000, 10-year, 7% bonds at 98, with interest payable each January 1. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt < III Journalize the following transaction: Company Q issued 400,000 shares of stock with $5 par value at $8 per share
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