Prepare journal entries for the following transactions (5 pts per journal entry) Opening Data: C/S $2.00...
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Prepare journal entries for the following transactions (5 pts per journal entry) Opening Data: C/S $2.00 par, 0 shares outstanding P/S $100 par, 4%, cumulative. 0 shares outstanding July 15 Sold 800 shares of the Treasury Stock purchased above on Jan.6 for $12 per share. Aug. 16 Declared a Common Stock 4 for 1 stock split, answer is NOT a J/E what 2 items changed and by how much?? Sept. 17 Sold 10,000 shares of C/S for $4 per share. Prepare journal entries for the following transactions (5 pts per journal entry) Opening Data: C/S $2.00 par, 0 shares outstanding P/S $100 par, 4%, cumulative. 0 shares outstanding July 15 Sold 800 shares of the Treasury Stock purchased above on Jan.6 for $12 per share. Aug. 16 Declared a Common Stock 4 for 1 stock split, answer is NOT a J/E what 2 items changed and by how much?? Sept. 17 Sold 10,000 shares of C/S for $4 per share.
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Journal Entries 1 July 15 If Treasury Stocks are sold for a price greater than its purchase price th... View the full answer
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