On December 31, 2015, Raja Corporation's balance sheet reported the following: The following transactions occurred during 2016: (a) Raja Corporation purchased 1,000 shares at $30 per share to be held as treasury stock. (b) Sold 600 shares of treasury stock for $37 per share (c) Sold the remaining shares of treasury stock at $28 per share. Instructions Prepare the necessary journal entries for Raja Corporation to record the above transactions. Raja Corporation uses the cost method of accounting for treasury stock. Account Debit Credit (a) (b) (c)

The following is a partial trial balance for General Lighting Corporation as of December 31, 2021:   Account Title                                                                                             Debits                              Credits Sales revenue                                                                                                                                                          2,350,000 Interest revenue                                                                                                                                           80,000 Loss on sale of investments                                                                       22,500 Cost of goods sold                                                                              1,200,300 Loss on inventory write-down (obsolescence)                                    200,000 Selling expense…

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Blue Ltd. reported $4,886,625 of net income for the fiscal year ended December 31, 2021. The company had 392,500 weighted average common shares outstanding for the year. The common shares sold at an average market price of $20 per share during the period. Also outstanding during the fiscal year were 24,000 warrants that could be used to purchase 5 common shares each at a price of $18. None of the warrants were exercised during the fiscal year. Are the warrants dilutive? Calculate basic earnings per share. Calculate diluted earnings per share. Please show how it was calculated

1. How much is the Retained earnings, end - UNAPPROPRIATED? 2. How much is the total shareholders' equity at year-end? 3. What is the number of outstanding ordinary shares?

Cool Company has decided to take their company public on January 1, 2014. Cool company had 1,000 shares authorized. The following transactions occurred.  e.) on January 1, 2015, cool company re-issued 1,000 shares of treasury stock at a price of $30 per share. Record the journal entry for this share reissuance. Label debits and credits and include classification of each account.  f.) on March 30, 2016, Cool company reissued 500 shares of treasury stock at a price of $20 per share. Record the journal entry for this share reissuance. Make sure to clearly label debits and credits and include the classification of each account.

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Porter Corporation purchased 80% of the common stock of Salem Company for $850,000 on January 1, 2013. During the next three years, Salem had the following income and Dividends paid: Year Income Dividends 2013 $100,000 $25,000 2014 $110,000 $35,000 2015 $170,000 $60,000 Prepare the journal entries made under both methods and then compute the ending balance in the "investment" account under both methods.

Please show the solution in good accounting form. 8. How much is the total shareholders' equity at year-end?

Please do not give solution in image format and give solution in step by step and give calculations also and give solution in table format......