Question: Current Attempt in Progress Ivanhoe Ltd. had the following share transactions during its first year of operations Jan. Jan. Mar. 6 12 17 18 17


Current Attempt in Progress Ivanhoe Ltd. had the following share transactions during its first year of operations Jan. Jan. Mar. 6 12 17 18 17 30 Issued 208,000 common shares for $1.50 per share. Issued 52,000 common shares for $1.75 per share. Issued 1,000 preferred shares for $105 per share. Issued 1,040,000 common shares for $2 per share. Reacquired 208,000 common shares for $1.95 per share. Reacquired 156,000 common shares for $1.80 per share July Nov. Dec. Journalize the transactions. (Credit account titles are automatically Indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round average per shore to 2 decimal places, 48.52.75 and final answers to decimal places, es 5.275. Record journal entries in the order presented in the problem) Date Account Titles and Explanation Debit Credit (issued common shares for cash.) (Issued common shares for cash.) (issued preferred shares for cash.) tissued preferred shares for cash) (issued common shares for cash.) Nov. 17 (To record reacquisition of common shares.) (To record reacquisition of common shares.)
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