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You are the accountant for the Koffee Company. Below are 3 transactions that affect the Koffee Company and you are to provide the journal
You are the accountant for the Koffee Company. Below are 3 transactions that affect the Koffee Company and you are to provide the journal entries. April 15 May 1 June 7 Koffee Company issues 4,000 shares of $7 par common stock for $16 per share. Koffee Company repurchases 100 shares of their common stock paying $15 per share. Koffee Company declares a cash dividend on their common stock that totals $25,000.
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