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  • P12 2a

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    Maria Angelique
    150 Ansichten4 Seiten
    This document contains a general journal and partial balance sheet for Greeve Corporation. It records treasury stock transactions where the company purchased shares back from shareholders in March, June, and September 2006, increasing treasury stock and decreasing cash. It also records the sale of treasury shares in December 2006, increasing cash and paid-in capital from treasury stock while decreasing treasury stock. The document appears to be missing account balances and explanations for parts (b) and (c).

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    Originaltitel

    P12-2A

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    This document contains a general journal and partial balance sheet for Greeve Corporation. It records treasury stock transactions where the company purchased shares back from shareholders in March, June, and September 2006, increasing treasury stock and decreasing cash. It also records the sale of treasury shares in December 2006, increasing cash and paid-in capital from treasury stock while decreasing treasury stock. The document appears to be missing account balances and explanations for parts (b) and (c).

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Als XLSX, PDF, TXT herunterladen oder online auf Scribd lesen
    Markieren Sie unangemessene Inhalte
    150 Ansichten4 Seiten

    P12 2a

    Hochgeladen von

    Maria Angelique
    This document contains a general journal and partial balance sheet for Greeve Corporation. It records treasury stock transactions where the company purchased shares back from shareholders in March, June, and September 2006, increasing treasury stock and decreasing cash. It also records the sale of treasury shares in December 2006, increasing cash and paid-in capital from treasury stock while decreasing treasury stock. The document appears to be missing account balances and explanations for parts (b) and (c).

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Als XLSX, PDF, TXT herunterladen oder online auf Scribd lesen
    Markieren Sie unangemessene Inhalte
    von 4

    P12-2A

    Greeve Corporation
    Part (a) General Journal
    Date Account Titles and Explanations Debit Credit
    2006
    Mar. 1 Treasury Stock 35000
    Cash 35000

    Jun. 1 Cash 10000


    Treasury Stock 7000
    Paid-in Capital from Treasury Stock 3000
    Input explanations

    Sept. 1 Cash 18000


    Treasury Stock 14000
    Paid-in Capital from Treasury Stock 4000

    Dec. 1 Cash 5000


    Paid-in Capital from Treasury Stock 2000
    Treasury Stock 7000

    Dec. 31
    Please input this part, as
    I am having a hard time figuring this out.

    Part (b)
    Paid-in capital from Treasury Stock
    Date Explanation Ref. Debit Credit Balance
    2006 Not sure why
    J12 there are three
    J12 columns??
    J12

    Treasury Stock
    Date Explanation Ref. Debit Credit Balance
    2006
    J12
    J12
    J12
    J12

    Retained Earnings
    Date Explanation Ref. Debit Credit Balance
    2006
    J12

    Part (c)
    Greeve Corporation
    Balance Sheet (partial)
    input this part, as
    ving a hard time figuring this out.

    Not sure why


    there are three
    columns??

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