1. On February 7, 2021, Anas Corp. issues 10 shares of common stock. The par value per share is as follows: S 4,518 Each
Posted: Wed Apr 27, 2022 11:23 am
- 1 On February 7 2021 Anas Corp Issues 10 Shares Of Common Stock The Par Value Per Share Is As Follows S 4 518 Each 1 (29.31 KiB) Viewed 27 times
1. On February 7, 2021, Anas Corp. issues 10 shares of common stock. The par value per share is as follows: S 4,518 Each share is issued for the following amount per share (which already includes the par value): $ 9,036 Prepare Anas' joumal entry to record the issuance of common stock (3 points). 2. On March 10, 2021, Anas acquires 2 shares of its stock as treasury stock at the following amount per share: $ 9,066 Prepare Anas' joumal entry to record the purchase of treasury stock (2 points). 3. Anas Corp. has the following items on its December 31, 2021 balance sheet: Accounts Payable 11.295 Accumulated Depreciation (6,777) Bonds Payable 22,590 Cash 29,367 Common Stock 22,590 Land 51,957 Machine 15,813 Preferred Stock 11,295 Retained Earnings 38,403 Treasury Stock (15,813) List all of the items that belong in the stockholders' equity section of Anas Corp.'s balance sheet and give me the total of stockholders' equity on December 31, 2021 points)