AC116_Unit 7 - Problem 13-3A Name: Section: Enter the...

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Name: Section: Enter the appropriate amounts and accounts in the shaded cells below. A red asterisk (*) will appear to the right of an incorrect amount in the outlined cells. JOURNAL Description Debit Credit a. Treasury Stock Err 540,000 Err:511 Err:511 Cash Err:511 Err 540,000 Err:511 b. Cash Err 462,000 Err:511 Err:511 Treasury Stock Err:511 Err 378,000 Err:511 Paid-in Capital from Sale of Treasury Stock Err:511 Err 84,000 Err:511 c. Cash Err 285,000 Err:511 Err:511 Preferred Stock Err:511 Err 187,500 Err:511 Paid-in Capital in Excess of Par Value - Preferred Stock Err:511 Err 97,500 Err:511 d. Cash Err 1,800,000 Err:511 Err:511 Common Stock Err:511 Err 600,000 Err:511 Paid-in Capital in Excess of Par Value - Common Stock Err:511 Err 1,200,000 Err:511 e. Cash Err 110,500 Err:511 Err:511 Paid-in Capital from Sale of Treasury Stock Err 6,500 Err:511 Err:511 Treasury Stock Err:511 Err 117,000 Err:511 f. Cash Dividends Err 387,050 Err:511 Err:511 Cash Dividends Payable Err:511
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AC116_Unit 7 - Problem 13-3A Name: Section: Enter the...

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