Prepare journal entry, Prepare Journal entry

Prepare journal entry

Assignment Help Financial Management

Reference no: EM131878967

Jan1 Issued 20,000 shares, 100$ PV, 3% Pfd stock at PAR

Jan2 Declared a 2% stock split

Feb1 Bought a building valued at 32,0000$ by issuing 16,000 shares of common stock

March 1 Declared and issued a 10% stock dividend when the stock price was 25$

April 1 Reacauried 3000 shares of 30$

Dec 15 Declared $2 per share dividend on the common

Dec 31 Net income was 520000$

Prepare Journal entry

Reference no: EM131878967

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