Coronado Corporation is a regional company which is an SEC registrant. The corporation's securities are thinly traded on NASDAQ. Coronado Corp., has issued 16,000 units. Each unit consists of a $1,104 par value, 12% subordinated debenture and 16 shares of $8 par common stock. The units were sold to outside investors for cash at $1,408 per unit. Prior to this sale, the 2-week ask price of common stock was $46 per share. Twelve percent is a reasonable market yield for the debentures, and therefore the par value of the bonds is equal to the fair value. (a) Prepare the journal entry to record Coronado's transaction, under the following conditions. (List all debit entries before credit entries. Do not round intermediate calculations. Round final answers to 0 decimal places, e.g. 38,487. 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 0 for the amounts.) 1. Employing the incremental method. 2. Employing the proportional method, assuming the recent price quote on the common stock reflects fair value. No. Account Titles and Explanation 1. Cash Bonds Payable Common Stock Debit Credit

Grunted law offices paid 59,000 to buy back 14,000 shares of its $1 par value common stock. The stock was sold later at a selling price of $15 per share. The journal entry to record the sale would include a DO NOT ROUND INTERMEDIATE CALCULATIONS -debit to common stock 59,000 Credits to paid in capital from treasury stock transaction 151,000 Credit to common stock 151,000 Credit to paid in capital from treasury stock transactions 59,000

Riverbed Corporation is a regional company which is an SEC registrant. The corporation's securities are thinly traded on NASDAQ. Riverbed Corp. has issued 17,000 units. Each unit consists of a $850 par, 12% subordinated debenture and 17 shares of $9 par common stock. The units were sold to outside investors for cash at $1,496 per unit. Prior to this sale, the 2-week ask price of common stock was $68 per share. Twelve percent is a reasonable market yield for the debentures, and therefore the par value of the bonds is equal to the fair value. (a) Prepare the journal entry to record Riverbed's transaction, under the following conditions. (Round answers to 0 decimal places, e.g. $38,487. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) (1) Employing the incremental method. (2) Employing the proportional method, assuming the recent price quote on…

Riverbed Inc's $10 par value common stock is actively traded at a market price of $16 per share. Riverbed issues 6,000 shares to purchase land advertised for sale at $77,500. Journalize the issuance of the stock in acquiring the land. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit