please answer all 4 parts Stock transactions for Roadhog Driving School, Inc. follow:O (Click the icon to view the transactions.)Journalize the transactions. (Record debits first, then credits. Select the explanation on the last line of thejournal entry table.)Mar. 4: Issued 20,000 shares of $1 par value common stock at $15 per share.DateAccounts and ExplanationDebitCreditMar. 4- XMore infoMar. 4Issued 20,000 shares of $1 par value common stock at $15 per share.May 22Purchased 1,700 shares of treasury stock-common at $11 per share.Sep. 22Sold 800 shares of treasury stock-common at $21 per share.Oct. 14Sold 900 shares of treasury stock-common at $7 per share.PrintDone

The treasury stock includes the own shares of the company that are repurchased from the…

Mar. 4 Issued 20,000 shares of $1 par value common stock at $15 per share. May 22 Purchased 1,700 shares of treasury stock-common at $11 per share. Sep. 22 Sold 800 shares of treasury stock-common at $21 per share. Oct. 14 Sold 900 shares of treasury stock-common at $7 per share.

Mar. 4 Issued 20,000 shares of $1 par value common stock at $15 per share. May 22 Purchased 1,700 shares of treasury stock-common at $11 per share. Sep. 22 Sold 800 shares of treasury stock-common at $21 per share. Oct. 14 Sold 900 shares of treasury stock-common at $7 per share.

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter8: Liabilities And Stockholders' Equity

Section: Chapter Questions

Problem 8.24E

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Question

please answer all 4 parts

Stock transactions for Roadhog Driving School, Inc. follow:
O (Click the icon to view the transactions.)
Journalize the transactions. (Record debits first, then credits. Select the explanation on the last line of the
journal entry table.)
Mar. 4: Issued 20,000 shares of $1 par value common stock at $15 per share.
Date
Accounts and Explanation
Debit
Credit
Mar. 4
- X
More info
Mar. 4
Issued 20,000 shares of $1 par value common stock at $15 per share.
May 22
Purchased 1,700 shares of treasury stock-common at $11 per share.
Sep. 22
Sold 800 shares of treasury stock-common at $21 per share.
Oct. 14
Sold 900 shares of treasury stock-common at $7 per share.
Print
Done

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