Prepare journal


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

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Prepare journal
Reference No:- TGS02674459

Expected delivery within 24 Hours