Prepare journal entries for the following stock

Reference no: EM13606808

Prepare journal entries for the following stock transactions of Gamma Systems: April 19- issued 1,000 shares of $1 par common stock for cash of $10.50 per share. May 3- sold 300 shares of $4.50, no-par preferred stock for $15,000 cash. May 11- received inventory valued at $23,000 and equipment with a market value of $11,000. issued 3,000 shares of the $1 par common stock.

Reference no: EM13606808

Questions Cloud

During 2009 federal express reported the following : during 2009 federal express reported the following information in millions net sales of 35497 and net income of 98. its

In a marathon race chad is out in front running due north : in a marathon race chad is out in front running due north at a speed of 3.93 ms. john is 95 m behind him running due

Signatures to a petition were collected on 676 sheets each : 1. signatures to a petition were collected on 676 sheets. each sheet has enough space for 42 signatures but on many

O january 1 2011 937000 5-year 10 bonds were issued for : on january 1 2011 937000 5-year 10 bonds were issued for 908890. interest is paid semiannually on january 1 and july 1.

Prepare journal entries for the following stock : prepare journal entries for the following stock transactions of gamma systems april 19- issued 1000 shares of 1 par

A calculate the shear modulus g of 1040 carbon : a calculate the shear modulus g of 1040 carbon steel.b using the shear modulus value calculated in part a calculate the

Find the density and specific volume of air over the range : find the density and specific volume of air over the range of normal room conditions. take barometric pressure to vary

In the javelin throw at a track-and-field event the javelin : in the javelin throw at a track-and-field event the javelin is launched at a speed of 30.0 ms at an angle of 39.2 deg

During the year 2010 the inventory of ds gift shop : during the year 2010 the inventory of ds gift shop decreased by 50000. if the income statement for the year 2010

Reviews

Write a Review

Required(*) Message

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?

Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

Accounting problems

Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.

Theory of interest - term structure of interest rates

Term Structure of Interest Rates

Write a report on internal controls

Write a report on Internal Controls

Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

Liquidity and profitability

Distinguish between liquidity and profitability.

What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

Capm and venture capital

CAPM and Venture Capital

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages