Sosmer co had these transactions during the current period, Accounting Basics

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Sosmer co had these transactions during the current period

Sosmer Co. had these transactions during the current period.

June 12	Issued 60,000 shares of $1 par value common stockfor cash of $300,000.
July 11	Issued 1,000 shares of $100 par value preferredstock for cash at $104 per share.
Nov. 28	Purchased 2,000 shares of treasury stock for$11,000.

Prepare the journal entries for the transactions.

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Accounting Basics: Sosmer co had these transactions during the current period

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Accounting Basics: Sosmer co had these transactions during the current period

Reference No:- TGS0597223

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

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Accounting Basics: Sosmer co had these transactions during the current period

Reference No:- TGS0597223

Recent Questions Asked Accounting Basics

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