Ime the transactions, assuming that the common stock is no-par with a stated value of $1 per share. E11-2 Sagan Co. had these transactions during the current period. June 12 Issued 3,000 shares of $100 par value preferred stock for cash at $106 per share. Issued 80,000 shares of $1 par value common stock for cash of $300,000. July 11 Nov. 28 Purchased 2,000 shares of treasury stock for $9,000.

Current Attempt in Progress On January 1, Ivanhoe Corporation had 91,000 shares of no-par common stock issued and outstanding. The stock has a stated value of $6 per share. During the year, the following occurred. Apr. 1 Issued 21,000 additional shares of common stock for $17 per share. June 15 July 10 Dec. 1 (a) 15 Declared a cash dividend of $1 per share to stockholders of record on June 30. Paid the $1 cash dividend. Issued 2,500 additional shares of common stock for $18 per share. Declared a cash dividend on outstanding shares of $2.30 per share to stockholders of record on December 31. Prepare the entries to record these transactions. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit

Selected transactions completed by Equinox Products Inc. during the fiscal year ended December 31, 20Y8, were as follows: Record on journal page 10: Jan. 3 Issued 15,000 shares of $20 par common stock at $30, receiving cash. Feb. 15 Issued 4,000 shares of $80 par preferred 5% stock at $100, receiving cash. May 1 Issued $500,000 of 10-year, 5% bonds at 104, with interest payable semiannually.   16 Declared a quarterly dividend of $0.50 per share on common stock and $1.00 per share on preferred stock. On the date of record, 100,000 shares of common stock were outstanding, no treasury shares were held, and 20,000 shares of preferred stock were outstanding.   26 Paid the cash dividends declared on May 16. Jun. 8 Purchased 8,000 shares of treasury common stock at $33 per share.   30 Declared a $1.00 quarterly cash dividend per share on preferred stock. On the date of record, 20,000 shares of preferred stock had been issued. Jul. 11 Paid the cash dividends to the preferred…

On April 2 a corporation purchased for cash 5,000 shares of its own $13 par common stock at $26 per share. It sold 3,000 of the treasury shares at $29 per share on June 10. The remaining 2000 shares were sold on November 10 for $22 per share. a.  Journalize the entries to record the purchase (treasury stock is recorded at cost). Apr. 2   fill in the blank a5807602402bfa1_2         fill in the blank a5807602402bfa1_4 b.  Journalize the entries to record the sale of the stock. If an amount box does not require an entry, leave it blank. Jun. 10   fill in the blank 2f1ded0c8043f90_2 fill in the blank 2f1ded0c8043f90_3     fill in the blank 2f1ded0c8043f90_5 fill in the blank 2f1ded0c8043f90_6     fill in the blank 2f1ded0c8043f90_8 fill in the blank 2f1ded0c8043f90_9 Nov. 10   fill in the blank 2f1ded0c8043f90_11 fill in the blank 2f1ded0c8043f90_12     fill in the blank 2f1ded0c8043f90_14 fill in the blank 2f1ded0c8043f90_15     fill in the blank…