Sheridan Ltd. had the following share transactions during its first year of operations:...
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Sheridan Ltd. had the following share transactions during its first year of operations: Nov. 17 Retained Earnings Cash Dec. 30 Common Shares Contributed Surplus - Reacquisition of Common Shares Cash Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round average per share to 2 decimal places, e.g. 52.75 and final answers to 0 decimal places, e.g. 5,275. Record journal entries in the order presented in the problem. List all debit entries before credit entries.)
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Sheridan Ltd. had the following share transactions during its first year of operations: Nov. 17 Retained Earnings Cash Dec. 30 Common Shares Contributed Surplus - Reacquisition of Common Shares Cash Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round average per share to 2 decimal places, e.g. 52.75 and final answers to 0 decimal places, e.g. 5,275. Record journal entries in the order presented in the problem. List all debit entries before credit entries.) 