Question: Open Assignment TINER PRINTER VERSION BACK NEXT SOURCES Sies 2 Final 2020 Question 1 On January 1, 2021. Hum Enterprises Inc. had 60,000 common shares,
Open Assignment TINER PRINTER VERSION BACK NEXT SOURCES Sies 2 Final 2020 Question 1 On January 1, 2021. Hum Enterprises Inc. had 60,000 common shares, recorded at $180,000. The company follows IFRS. During the year, the following transactions occurred: Apr 1 June Issued 6,000 common shares at $10 per share. Declared a 5 stock dividend to shareholders of record on September 5, distributable on September 20. The shares were trading for $12 a share at this time Sep Announced al-for-2 reversteckt. Shares were trading at $10 per share at the time NOVI Dec Issued 3.000 common shares at 122 per share. Repurchased 10,000 common shares for $20 per share. This was the first time Hum had repurchased its own shares by Study
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
