decimals into whole dollars when entering your final answers.
reach question as to how you derived your answers ie figures.
ree Q:
liamonds Inc. began a potentially lucrative mining operation on October The following transactions and events occurred in the month of October:
Sunday, October Issued for cash, shares of the preferred shares at $ each.
Tuesday, October Issued for cash, shares of the common shares at $ per share.
October Earth star purchased land for $ paying cash of $ and borrowing the balance from the bank to be repaid in years
October preferred shares were issued today for total cash proceeds of $
October Annual dividend on the preferred shares were declared.
October Dividend on commons shares of $ were declared payable on November
October the Income Summary account has credit balance. Close the Income Summary and Dividend accounts.
ired:
journal entries to record the transactions and closing for No need to provide journal description.
structions Questions and Answers Sheet New...
