Record each of the transactions. Keep a running balance of the average per share amount of the common shares. (Credit account titles are automatically indented when the amount is entered. Do not...

Please help me
Record each of the transactions. Keep a running balance of the average per share amount of the common shares. (Credit account<br>titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select

Extracted text: Record each of the transactions. Keep a running balance of the average per share amount of the common shares. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round the average per share to three decimal places, eg. 5.271 and final answers to 0 decimal places, eg. 5,271) Date Account Titles and Explanation Debit Credit Apr. 1 Cash Common Shares June 15 Stock Dividends Stock Dividends Distributable Sept. 20 Stock Dividends Distributable Common Shares Sept. 21 No Entry No Entry Nov. 1 Cash
On January 1, 2021, Hum Enterprises Inc. had 74,000 common shares, recorded at $592.000. The company follows IFRS. During the<br>year, the following transactions occurred:<br>Apr. 1<br>Issued 6,000 common shares at $10 per share.<br>June<br>Declared a 5% stock dividend to shareholders of record on September 5, distributable on September 20, The shares<br>were trading for $12 a share at this time.<br>15<br>Sep.<br>Announced a 1-for-2 reverse stock split. Shares were trading at $10 per share at the time.<br>21<br>Nov. 1<br>Issued 3,000 common shares at $22 per share.<br>Dec.<br>Repurchased 10,000 common shares for $20 per share. This was the first time Hum had repurchased its own shares.<br>20<br>(a)<br>Record each of the transactions. Keep a running balance of the average per share amount of the common shares, (Credit account<br>titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select

Extracted text: On January 1, 2021, Hum Enterprises Inc. had 74,000 common shares, recorded at $592.000. The company follows IFRS. During the year, the following transactions occurred: Apr. 1 Issued 6,000 common shares at $10 per share. June Declared a 5% stock dividend to shareholders of record on September 5, distributable on September 20, The shares were trading for $12 a share at this time. 15 Sep. Announced a 1-for-2 reverse stock split. Shares were trading at $10 per share at the time. 21 Nov. 1 Issued 3,000 common shares at $22 per share. Dec. Repurchased 10,000 common shares for $20 per share. This was the first time Hum had repurchased its own shares. 20 (a) Record each of the transactions. Keep a running balance of the average per share amount of the common shares, (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round the average per share to three decimal places, eg. 5.271 and final answers to O decimal places, eg. 5,271)
Jun 10, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here