- 4 Lexington Co Engaged In The Following Common Stock Transactions During The Year 2021 Prepare Journal Entries To Rec 1 (12.78 KiB) Viewed 50 times
4. Lexington Co. engaged in the following common stock transactions during the year 2021. Prepare journal entries to rec
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4. Lexington Co. engaged in the following common stock transactions during the year 2021. Prepare journal entries to rec
4. Lexington Co. engaged in the following common stock transactions during the year 2021. Prepare journal entries to record these transactions; a. Issued 10,000 shares of $100 par value common stock at 102. (5 points) b. Purchased for cash 2,000 shares of treasury stock at a price of $105 per share. (5 points) c. Reissued for cash 1,000 shares of treasury stock at a price of $103 per share. (5 points) 5. Prepare a Statement of Cash Flow (SCE)