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  3. a- the company purchased1, 1000 of the ada a.. sha

a- The company purchased1, 1000 of the Ada A.. shares at a price of $1,5...

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Accounting

a- The company purchased1, 1000 of the Ada A.. shares at a price of $1,5 / share on July 2019 by the bank. The bank deducted 1% purchase commission and purchase price from the business's commercial deposit account.

b- On 15 July 2019 the company sold 200 of the shares of Ada A.. at a price of $1.4 / share through the bank and the Money is deposited into the companys bank account after the 1% sale commission cut.

c- On 27 July 2019 the company sold 200 of the shares of Ada A.. at a price of $1.7 / share by the bank and the and the amount is deposited to the companys bank account after the 1% sale commission cut.

d- The value of Ada A.. shares was realized as $1.45 on 31 December 2019. Show the period-end valuation.

-All the details of the problem are interconnected and journal entries related to the event described in each case are requested.

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