Cullumber Ltd. had the following share transactions during its first year of operations: Jan. 6 Issued 204.000 common shares for $1.60 per share. Jan. 12 Issued 51,000 common shares for $1.85 per share. Mar. 17 Issued 1,000 preferred shares for $105 per share. July 18 Issued 1,020,000 common shares for $2 per share. Nov. 17 Reacquired 204,000 common shares for $1.95 per share. Dec. 30 Reacquired 153,000 common shares for $1.80 per share. (a) Journalize the transactions. (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 average per share to 2 decimal places). Journalize the transaction.
Cullumber Ltd. had the following share transactions during its first year of operations: Jan. 6 Issued 204.000 common shares for $1.60 per share. Jan. 12 Issued 51,000 common shares for $1.85 per share. Mar. 17 Issued 1,000
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