Home /
Expert Answers /
Accounting /
during-the-year-the-following-selected-transactions-affecting-stockholders-39-equity-occurred-for-or-pa866
(Solved): During the year the following selected transactions affecting stockholders' equity occurred for Orl ...
During the year the following selected transactions affecting stockholders' equity occurred for Orlando Corporation: a. Apr. I Ropurchased 200 shares of the company's own common stock at \( \$ 20 \) cash per share. b. Jun. 14 Sold 40 of the shares purchased on April 1 for \( \$ 25 \) cash per share. c. Sept. 1 sold 30 of the shares purchased on April 1 for \( \$ 15 \) cash per share. Required: 1. Prepare journal entries for each of the above transactions. (If no entry is required for a transaction/event, select required" in the first account field.) Journal entry worksheet Repurchased 200 shares of the company's own common stock at \( \$ 20 \) cash per share. Notel Enter debits before credits.
During the year the following selected transactions affecting stockholders' equity occurred for Orlando Corporation: a. Apr. I Repurchased 200 shares of the conpany's own connon ntoek at \( \$ 20 \) cash per share. b. Jun. 14 sold 40 of the shares purchased on Apri1 1 for \( \$ 25 \) canh per share. c. Sept. 1 sold 30 of the sharen purchased on April 1 for \( \$ 15 \mathrm{cash} \) per share. Required: 1. Prepare journal entries for each of the above transactions. (If no entry is required for a transaction/event, select "No jo required" in the first account field.) Journal entry worksheet Sold 40 of the shares purchased on April 1 for \( \$ 25 \) cash per share. Note Inter debits before credits.
During the year the following selected transactions affecting stockholders' equity occurred for Orlando Corporation: a. Apr. 1 Repurehased 200 shares of the conpany's ovn common stock at \( \$ 20 \) cash per share. b. Jun, 14 sold 40 of the shares purchased on Apri1 1 for \( \$ 25 \) canh per share. c. Sept. 1 sold 30 of the shares purchased on Apri1 i for \( \$ 15 \) cash per share. Required: 1. Prepare journal entries for each of the above transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Sold 30 of the shares purchased on April 1 for \( \$ 15 \) cash per share. Notel Enter debits before credits.