+ I/ * 00 因 C. %#3 Schedule-2020FA-A X Connect A https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnew... * Chapter 18 Homework i Saved Help Save & Exit Sub Check my wor Exercise 18-19 (Algo) Stock dividend [LO18-8] 4. The shareholders' equity of Core Technologies Company on June 30, 2020, included the following: polnts Common stock, $1 par; authorized, 6 million shares; issued and outstanding, 1 million shares Paid-in capital-excess of par Retained earnings 000 000 T $ 000 000 000'000S eBook Hint On April 1, 2021, the board of directors of Core Technologies declared a 10% stock dividend on common shares, to be distributed on June 1. The market price of Core Technologies' common stock was $34 on April1, 2021, and $44 on June 1, 2021. Print References Required: Complete the below table to calculate the stock dividend. Prepare the journal entries to record the declaration and distribution of the stock dividend. Complete this question by entering your answers in the tabs below. General Stock Dividend Journal Complete the below table to calculate the stock dividend. < Prev 4 of 5 MEIS Idecotion (Dツ C O Type here to search PrtSc Dele F12 <> F7 F11 F10 F5 -D +D F4 & %23 $4 2 7. 5. 9- 4. A D F G H K. * 00 國 關 团 T 正 %#0 ADE llabus & Schedule - 2020FA-AX Connect Ahttps://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser%3D0&launchUrl=https%253A%252F%252Fnew... Chapter 18 Homework i Saved Help Save & E: Chec Exercise 18-12 (Algo) Treasury stock [LO18-5] 3. In 2021, Western Transport Company entered into the treasury stock transactions described below. In 2019, Western Transport had issued 230 million shares of its $1 par common stock at $23 per share. polnts Required: Prepare the appropriate journal entry for each of the following transactions: (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) eBook Hint Print 1. On January 23, 2021, Western Transport reacquired 15 million shares at $26 per share. 2. On September 3, 2021, Western Transport sold 2 million treasury shares at $27 per share. 3. On November 4, 2021, Western Transport sold 2 million treasury shares at $24 per share. References View transaction list Journal entry worksheet 1. Record the reacquisition of 15 million shares at $26 per share. < Prev 3 of 5 Next Graw Education Type here to search L. PrtSc F10 F11 F12 Esc +D F5 F7 -D & %24 4. %23 9. 6. 3. 5. R.

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Schedule-2020FA-A X
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A https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnew... *
Chapter 18 Homework i
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Check my wor
Exercise 18-19 (Algo) Stock dividend [LO18-8]
4.
The shareholders' equity of Core Technologies Company on June 30, 2020, included the following:
polnts
Common stock, $1 par; authorized, 6 million shares;
issued and outstanding, 1 million shares
Paid-in capital-excess of par
Retained earnings
000 000 T $
000 000
000'000S
eBook
Hint
On April 1, 2021, the board of directors of Core Technologies declared a 10% stock dividend on common shares, to be distributed on
June 1. The market price of Core Technologies' common stock was $34 on April1, 2021, and $44 on June 1, 2021.
Print
References
Required:
Complete the below table to calculate the stock dividend. Prepare the journal entries to record the declaration and distribution of the
stock dividend.
Complete this question by entering your answers in the tabs below.
General
Stock Dividend
Journal
Complete the below table to calculate the stock dividend.
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Transcribed Image Text:+ I/ * 00 因 C. %#3 Schedule-2020FA-A X Connect A https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnew... * Chapter 18 Homework i Saved Help Save & Exit Sub Check my wor Exercise 18-19 (Algo) Stock dividend [LO18-8] 4. The shareholders' equity of Core Technologies Company on June 30, 2020, included the following: polnts Common stock, $1 par; authorized, 6 million shares; issued and outstanding, 1 million shares Paid-in capital-excess of par Retained earnings 000 000 T $ 000 000 000'000S eBook Hint On April 1, 2021, the board of directors of Core Technologies declared a 10% stock dividend on common shares, to be distributed on June 1. The market price of Core Technologies' common stock was $34 on April1, 2021, and $44 on June 1, 2021. Print References Required: Complete the below table to calculate the stock dividend. Prepare the journal entries to record the declaration and distribution of the stock dividend. Complete this question by entering your answers in the tabs below. General Stock Dividend Journal Complete the below table to calculate the stock dividend. < Prev 4 of 5 MEIS Idecotion (Dツ C O Type here to search PrtSc Dele F12 <> F7 F11 F10 F5 -D +D F4 & %23 $4 2 7. 5. 9- 4. A D F G H K.
* 00
國
關
团
T
正
%#0
ADE
llabus & Schedule - 2020FA-AX
Connect
Ahttps://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser%3D0&launchUrl=https%253A%252F%252Fnew...
Chapter 18 Homework i
Saved
Help
Save & E:
Chec
Exercise 18-12 (Algo) Treasury stock [LO18-5]
3.
In 2021, Western Transport Company entered into the treasury stock transactions described below. In 2019, Western Transport had
issued 230 million shares of its $1 par common stock at $23 per share.
polnts
Required:
Prepare the appropriate journal entry for each of the following transactions: (If no entry is required for a transaction/event, select "No
journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)
eBook
Hint
Print
1. On January 23, 2021, Western Transport reacquired 15 million shares at $26 per share.
2. On September 3, 2021, Western Transport sold 2 million treasury shares at $27 per share.
3. On November 4, 2021, Western Transport sold 2 million treasury shares at $24 per share.
References
View transaction list
Journal entry worksheet
1.
Record the reacquisition of 15 million shares at $26 per share.
< Prev
3 of 5
Next
Graw
Education
Type here to search
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PrtSc
F10
F11
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Transcribed Image Text:* 00 國 關 团 T 正 %#0 ADE llabus & Schedule - 2020FA-AX Connect Ahttps://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser%3D0&launchUrl=https%253A%252F%252Fnew... Chapter 18 Homework i Saved Help Save & E: Chec Exercise 18-12 (Algo) Treasury stock [LO18-5] 3. In 2021, Western Transport Company entered into the treasury stock transactions described below. In 2019, Western Transport had issued 230 million shares of its $1 par common stock at $23 per share. polnts Required: Prepare the appropriate journal entry for each of the following transactions: (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) eBook Hint Print 1. On January 23, 2021, Western Transport reacquired 15 million shares at $26 per share. 2. On September 3, 2021, Western Transport sold 2 million treasury shares at $27 per share. 3. On November 4, 2021, Western Transport sold 2 million treasury shares at $24 per share. References View transaction list Journal entry worksheet 1. Record the reacquisition of 15 million shares at $26 per share. < Prev 3 of 5 Next Graw Education Type here to search L. PrtSc F10 F11 F12 Esc +D F5 F7 -D & %24 4. %23 9. 6. 3. 5. R.
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