On January 2, 2019, Frederick Corporation issued 18,000 shares of $10 par value common stock for $13 per share. On April 1, 2019, Alpha reacquired 1,500 of these shares when they were trading $16 per share. On August 1, 2019 Frederick reissued 800 shares of treasury stock at the going market rate of $19 per share. Use this information to prepare the General Journal entry (without explanation) for the August 1 transaction.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “On January 2, 2019, Frederick Corporation issued 18,000 shares of $10 par value common stock for $13 per share. On April 1, 2019, Alpha ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
What is the function of a licensing agreement?
Answers (1)
Gunnar, age 12, is paid $8 a week by his parents, bjorn and anna, to clean his room, fold and put away his laundry, take out the trash, empty the dishwasher, and tend the sheep after school.
Answers (2)
Learning curves are used for a variety of purposes. These include: O internal, external, strategic O infrastructure, external, strategic O internal, tactical, strategic O internal, external, shareholders
Answers (1)
Your answer is partially correct. Try again. Tabares Corporation had these transactions during 2019. Indicate whether each transaction is an operating activity, investing activity, financing activity, or noncash investing and financing activity.
Answers (1)
The federal government is required to build a border fence along the U. S. and Mexican border. As construction began, several environmental groups brought suit because the Army Corps of Engineers and the Department of Homeland Security had not
Answers (1)
New Questions in Business
On January 2, 2020, Pearl Company sells production equipment to Fargo Inc. for $52,000. Pearl includes a 2-year assurance warranty service with the sale of all its equipment. The customer receives and pays for the equipment on January 2, 2020.
Answers (1)
In 2020, Antle Inc. had acquired Demski Co. and recorded goodwill of $275 million as a result. The net assets (including goodwill) from Antle's acquisition of Demski Co. had a 2021 year-end book value of $610 million.
Answers (1)
According to the video, what are the two other most important ways banks make money? there little boxes you have to check off banking fees investments loaning money to overseas banks paying interest to depositors overseeing transactions between
Answers (1)
How old do you have to be to impeach the president? (btw the subject is business cause none fit)
Answers (1)
The attribution theory of leadership says leadership is merely an attribution people make about other individuals. T/F
Answers (1)