Question: Homework: Chapter 14 Calculator E Print Item Anslo Fabricating, Inc. is authorized to issue 10,000,000 shares of $5 stated value common stock. During the year,

Homework: Chapter 14 Calculator E Print Item Anslo Fabricating, Inc. is

Homework: Chapter 14 Calculator E Print Item Anslo Fabricating, Inc. is authorized to issue 10,000,000 shares of $5 stated value common stock. During the year, the company has the following transactions: Jan. 3 Issued 65,000 shares at $11 per share. Jun. 15 Issued 4,500 shares in exchange for office equipment with a clearly determined value of $49,000. Aug. 16 Purchased 2,000 shares of treasury stock at $18 per share. Prepare the journal entries to record the transactions. If an amount box does not require an entry, leave it blank. Jan. 3 Cash_ Common Stock Additional Paid-in Capital from Common Stock Office Equipment Jun. 15 II III III II III III Common Stock Additional Paid-in Capital from Common Stock Aug, 16 Treasury Stock Cash Feedback

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