During January 2024, the following transactions occur: January 2 Issue an additional 2,000...

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Accounting

During January 2024, the following transactions occur:
January 2 Issue an additional 2,000 shares of $1 par value common stock for $40,000.
January 9 Provide services to customers on account, $16,800.
January 10 Purchase additional supplies on account, $5,700.
January 12 Purchase 1,100 shares of treasury stock for $21 per share.
January 15 Pay cash on accounts payable, $17,300.
January 21 Provide services to customers for cash, $49,900.
January 22 Receive cash on accounts receivable, $17,400.
January 29 Declare a cash dividend of $0.30 per share to all shares outstanding on January 29. The dividend is payable on February
(Hint: Grand Finale Fireworks had 18,000 shares outstanding on January 1,2024, and dividends are not paid on
treasury stock.)
January 30 Resell 900 shares of treasury stock for $23 per share.
January 31 Pay cash for salaries during January, $42,800. During January 2024, the following transactions occur:
January 2 Issue an additional 2,000 shares of $1 par value common stock for $40,000.
January 9 Provide services to customers on account, $16,800.
January 10 Purchase additional supplies on account, $5,700.
January 12 Purchase 1,100 shares of treasury stock for $21 per share.
January 15 Pay cash on accounts payable, $17,300.
January 21 Provide services to customers for cash, $49,900.
January 22 Receive cash on accounts receivable, $17,400.
January 29 Declare a cash dividend of $0.30 per share to all shares outstanding on January 29. The dividend is payable on February
(Hint: Grand Finale Fireworks had 18,000 shares outstanding on January 1,2024, and dividends are not paid on
treasury stock.)
January 30 Resell 900 shares of treasury stock for $23 per share.
January 31 Pay cash for salaries during January, $42,800.During January 2024, the following transactions occur:
January 2 Issue an additional 2,000 shares of $1 par value common stock for $40,000.
January 9 Provide services to customers on account, $16,800.
January 10 Purchase additional supplies on account, $5,700.
January 12 Purchase 1,100 shares of treasury stock for $21 per share.
January 15 Pay cash on accounts payable, $17,300.
January 21 Provide services to customers for cash, $49,900.
January 22 Receive cash on accounts receivable, $17,400.
January 29 Declare a cash dividend of $0.30 per share to all shares outstanding on January 29. The dividend is payable on February
(Hint: Grand Finale Fireworks had 18,000 shares outstanding on January 1,2024, and dividends are not paid on
treasury stock.)
January 30 Resell 900 shares of treasury stock for $23 per share.
January 31 Pay cash for salaries during January, $42,800.
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