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  3. ivanhoe ltd. had the following share transactions

Ivanhoe Ltd. had the following share transactions during its first year of operations: Jan....

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Accounting

Ivanhoe Ltd. had the following share transactions during its first year of operations:
Jan.
Jan.
Mar.
July
6
12
17
18
Issued 160,000 common shares for $1.55 per share.
Issued 40,000 common shares for $1.80 per share.
Issued 800 preferred shares for $105 per share.
Issued 800,000 common shares for $2 per share.
Nov. 17
Reacquired 160,000 common shares for $1.95 per share.
Dec. 30
Reacquired 120,000 common shares for $1.80 per share.
(a)
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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