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Prepare the journal entries for (aj lanuary 1 (b) July 1 and ic) December 31 Assume straleht Starr Inc. has 10,000 shares outstanding with a $5 par value On January 1, Starr reacquired 320 shares at $70share On Oetober 1 they resued 60 shares at $90 /share. On December 2 reissued 40 shares at $30/share. Prepare all journal entries. Onlawary 1,2018 SheelyInc. issued SS00000 9% bonds due in 7 years. The bonds were issued for $456,800. They pay interest on July1 and December 31. Use the effective interest method. Aasume a market rate of 10%. Prepare journal entries for(a) lanuary 1, (b) July 1 and(c) December 3L Harris Inc. had 8,000 shares of common stock outstanding on January 1. On July 1, it Issued 4,000 shares and on October 1, it reacquired 500 shares of treasury stock Calculate the weighted average. Greenwich Inc purchased a truck for $200,000 on January 1, 2018.The truck has a useful life of 8 years and an estimated residual value of $20,000. Compute depreciation expense for 2018 using (a) straight line method (b) sum of the years' digits (c) double-declining balance. 8. Brown Corporation issues 800 shares of its $5 par value common stock for $20/share. Brown Company issues 500 shares of its $4 par value preferred stock for $10/share. Prepare all necessary journal entries

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