Oriole Corporation Is Authorized To Issue 46 000 Shares Of 5 Par Value Common Stock During 2020 Oriole Took Part In T 1 (21.15 KiB) Viewed 40 times
Oriole Corporation Is Authorized To Issue 46 000 Shares Of 5 Par Value Common Stock During 2020 Oriole Took Part In T 2 (19.06 KiB) Viewed 40 times
Oriole Corporation Is Authorized To Issue 46 000 Shares Of 5 Par Value Common Stock During 2020 Oriole Took Part In T 3 (14.17 KiB) Viewed 40 times
Oriole Corporation is authorized to issue 46,000 shares of $5 par value common stock. During 2020, Oriole took part in the following selected transactions. 1. 2 3 (a) (b) (c) Issued 5,000 shares of stock at $49 per share, less costs related to the issuance of the stock totaling $5.400 Issued 1,200 shares of stock for land appraised at $46,000. The stock was actively traded on a national stock exchange at approximately $50 per share on the date of issuance. Purchased 480 shares of treasury stock at $44 per share. The treasury shares purchased were issued in 2016 at $41 per share. Prepare the journal entry to record item 1. Prepare the journal entry to record item 2. Prepare the journal entry to record item 3 using the cost method. 4
(Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts) No. Account Titles and Explanation (a) (b) (c) Debit Credit
(a) (9) 다
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