Question: Chapter 11 Homework Saved Help Sove& Exit Submit Check my work Aug. 15 Reissued 600 shares of treasury stock for $4,60e cash. Sept. 15 Declared
Chapter 11 Homework Saved Help Sove& Exit Submit Check my work Aug. 15 Reissued 600 shares of treasury stock for $4,60e cash. Sept. 15 Declared (but did not yet pay) a $1 cash dividend on each outstanding share of common stock oct. 1 Issued 1e0, 10-year, $1,81e bonds, at a quoted bond price of 101. oct. 3 Wrote off a $2,000 balance due from a customer who went bankrupt. Dec. 29 Recorded $246,000 of service revenue, all of which was collected in cash. Dec. 3e Paid $216,000 cash for this year's wages through December 31. Ignore payroll taxes and 4.32 Points payroll deductions. Book Dec. 31 Calculated $10,000 of depreciation for the year to be recorded. (Ignore accrual adjustments for interest and incoe taxes) Print References Requirement Gen General Tral Balance Balance Sheet Debt to Journal Ledger Prepare the journal entries to record each transaction. Review the accounts as shown in the General Ledger and Trial Balance tabs. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet No General Journal Debit Credit Jan 15 Cash 66,000 Common Stock 13,000 53,000 Additional Paid-In Capital, Common Stock 2 Jan 31 Treasurv Stock 3.000 Prev7 o1 7Next
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