Question: can someone help me with these problems then i will be completely done 2 pts Question 2 Quick-Buck Company sold 15,000 shares of its $5



2 pts Question 2 Quick-Buck Company sold 15,000 shares of its $5 par common stock for the price of $10 per share. Prepare the journal entry to record the purchase. D Question 3 1.5 pts Journalize the following stock transaction: Traded 3,250 shares of $5 par value stock for lawyer fees of $20,175. 2 pts Question 4 Journalize the following stock dividend. Declared a 15% stock dividend on its 75,000 shares of $8 par value common stock with a market value of $30. No preferred stock was issued. a Question 8 2 pts MegaCorp decides to declare a cash dividend of $75,000 for its shareholders on December 31st 2018. The company has cumulative preferred stock dividends in arrears of $52,800. It has 6,000 shares of 8%. $110 par value, cumulative preferred stock outstanding, and 50,000 shares of common stock. How much of the cash dividend will go to common stockholders
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
