Common stock, $5 par value, 5,000 shares issued
and outstanding $25,000 retained earnings 20,000
total stockholders' equity
$45,000
prepare journal entries for the following transactions.
may
3
issued 500 shares at $6 per share
18
9
reacquired 100 shares at $4 per share
15
reissued 50 of the treasury shares at $7 per share
17
reissued 10 of the treasury shares at $3 per share

The following information is available for ellen's fashions, inc. for the current month. book balance end of month $ 7 comma 000 outstanding checks 700 deposits in transit 4 comma 500 service charges 120 interest revenue 45 what is the adjusted book balance on the bank reconciliation?

Croy inc. has the following projected sales for the next five months: month sales in units april 3,850 may 3,875 june 4,260 july 4,135 august 3,590 croy’s finished goods inventory policy is to have 60 percent of the next month’s sales on hand at the end of each month. direct material costs $2.50 per pound, and each unit requires 2 pounds. raw materials inventory policy is to have 50 percent of the next month’s production needs on hand at the end of each month. raw materials on hand at march 31 totaled 3,741 pounds. 1. determine budgeted production for april, may, and june. 2. determine the budgeted cost of materials purchased for april, may, and june. (round your answers to 2 decimal places.)

Interest rates are expressed as a percentage of