Journal Entry Question #3. Record the following capital stock transactions in the text box below. (See journal entry instructions above.) Skip a line between entries. Document your calculations for the transactions in the calculations question below the journal entry form. May 1 : 10,000 shares of $1 par value, common stock were issued for cash at $5 per share May 7 : 5,000 shares of 6% $10 par value, preferred stock were issued for cash at $20 per share Nov 2 : 3,000 shares of common stock were repurchased (treasury stock) at $2 per share Dec 10 : 1,000 shares of the treasury stock were reissued for cash at $6 per share Note: Paid-in Capital in Excess of Par (aka: Additional Paid-in Capital) may be abbreviated as APIC).
Blog
If the reaction to produce ammonia from hydrogen and oxygen…
If the reaction to produce ammonia from hydrogen and oxygen produces 6.62 g of ammonia at a percent yield of 51.3%, what is the theoretical yield for the reaction? 3 H2 (g) + N2 (g) -> 2 NH3 (g)
What is the molarity of a solution made by mixing 8.62 g of…
What is the molarity of a solution made by mixing 8.62 g of potassium chlorate, KClO3 in enough water to make 362.00 mL of solution?
Phosphoric acid, H3PO4 is titrated with KOH. When the equat…
Phosphoric acid, H3PO4 is titrated with KOH. When the equation is balanced, what is the sum of all of the coefficients?
A researcher runs an experiment that produces 135.2 g of alu…
A researcher runs an experiment that produces 135.2 g of aluminum sulfate when adding 25.3 g of aluminum to excess sulfuric acid according the the following equations. What is the percent yield of the reaction? 2Al(s) + 3H2SO4(aq)
A ruby laser is used drill holes through diamonds. The wave…
A ruby laser is used drill holes through diamonds. The wavelength of the ruby laser is 680 nm. What is the energy of one photon of this light?
What is the molarity of a solution made by mixing 9.06 g of…
What is the molarity of a solution made by mixing 9.06 g of potassium chlorate, KClO3 in enough water to make 425.00 mL of solution?
What volume (mL) of 0.0250 M barium hydroxide (Ba(OH)2) is n…
What volume (mL) of 0.0250 M barium hydroxide (Ba(OH)2) is need to reach the equivalence point when you have 250.0 mL of 0.137 M hydrobromic acid (HBr)?
For the following reaction 9.25 g of nitrogen is reacted wit…
For the following reaction 9.25 g of nitrogen is reacted with 12.1 g of lithium. What is the theoretical yield of lithium nitride? N2(g) + 6 Li(s)
An erbium YAG laser is used in dentistry to remove cavities…
An erbium YAG laser is used in dentistry to remove cavities often without the need of an anesthetic. The ER:YAG laser has a wavelength of 2940 nm. What is the energy of one photon of this light?