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4 During the current year JET Industries issued 4.10 million of its $1 par common shares to its underwriters for $24,100,000 less promotional and accounting

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4 During the current year JET Industries issued 4.10 million of its $1 par common shares to its underwriters for $24,100,000 less promotional and accounting services of $410,000 to effect the issue. Required: Prepare the journal entry to record the issuance of the shares. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) 6 points View transaction list 8 02:59:16 Journal entry worksheet eBook Record the issuance of the shares. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general Journal In 2021, Southwestern Corporation completed the treasury stock transactions listed below. 6 February March May 2: Reacquired 68,000 shares at $11.80. 17: Sold 18,000 shares at $13.90. 17: Sold 23,000 shares at $7.90. Southwestern had issued 100,000 shares of its par common stock for $10 several months ago. 12 points 8 02:58:58 Required: Prepare the journal entries to record the above transactions, using the cost method. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list eBook Journal entry worksheet Reacquired 68,000 shares at $11.8. Note: Enter debits before credits. Date General Journal Debit Credit February 02, 2021

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