Eugene Inc.'s statement of stockholders' equity on December 31, 2016 is as follows:
The following transactions occurred during 2017:
Feb 3 Issued 2,500 shares of preferred stock for $75 per share.
Apr 25 Issued 50,000 shares of common stock for $15 per share.
Jun 15 Repurchased 15,000 shares of common stock at $10.50 per share.
Oct 24 Sold 7,500 shares of treasury stock bought on June 15 for $24 per share.
Use the financial statement effects template, below, to record these transactions

Question

Eugene Inc.'s statement of stockholders' equity on December 31, 2016 is as follows:
  The following transactions occurred during 2017:
Feb 3 Issued 2,500 shares of preferred stock for $75 per share.
Apr 25 Issued 50,000 shares of common stock for $15 per share.
Jun 15 Repurchased 15,000 shares of common stock at $10.50 per share.
Oct 24 Sold 7,500 shares of treasury stock bought on June 15 for $24 per share.
Use the financial statement effects template, below, to record these transactions

Quizplus · Accepted Answer

The Answer of Eugene Inc.'s statement of stockholders' equity on December 31, 2016 is as follows:
  The following transactions occurred during 2017:
Feb 3 Issued 2,500 shares of preferred stock for $75 per share.
Apr 25 Issued 50,000 shares of common stock for $15 per share.
Jun 15 Repurchased 15,000 shares of common stock at $10.50 per share.
Oct 24 Sold 7,500 shares of treasury stock bought on June 15 for $24 per share.
Use the financial statement effects template, below, to record these transactions