The following selected accounts appear in the ledger of EJ Construction Inc. at the beginning of the current fiscal year:

During the year, the corporation completed a number of transactions affecting the stockholders’ equity. They are summarized as follows:

Journalize the entries to record the transactions. Refer to the Chart of Accounts for exact wording of account titles.

Chart of Accounts

Journal

Journalize the entries to record the transactions. Refer to the Chart of Accounts for exact wording of account titles.

PAGE 10

JOURNAL

The following selected accounts appear in the ledger of Parks Construction Inc. at the beginning of the current fiscal year:

During the year, the corporation completed a number of transactions affecting the stockholders’ equity. They are summarized as follows:

The following selected accounts appear in the ledger of Parks Construction Inc. at the beginning of the current fiscal year: Preferred 1% Stock, $50 par (100,000 shares authorized, 79,400 shares issued) $3,970,000 Paid-In Capital in Excess of Par—Preferred Stock 150,860 Common Stock, $3 par (5,000,000 shares authorized, 2,100,000 shares issued) 6,300,000 Paid-In Capital in Excess of Par—Common Stock 1,260,000 Retained Earnings 33,959,000 During the year, the corporation completed a number of transactions affecting the stockholders’ equity. They are summarized as follows: Jan. 5 Issued 518,800 shares of common stock at $7, receiving cash. Feb. 10 Issued 9,800 shares of preferred 1% stock at $61. Mar. 19 Purchased 48,300 shares of treasury stock for $7 per share. May 16 Sold 19,500 shares of treasury stock for $9 per share. Aug. 25 Sold 5,000 shares of treasury stock for $6 per share. Dec. 6 Declared cash dividends of $0.50 per share on preferred stock and $0.08 per share on common stock. 31 Paid the cash dividends. Journalize the entries to record the transactions. Refer to the Chart of Accounts for exact wording of account titles.

The following selected accounts appear in the ledger of Parks Construction Inc. at the beginning of the current year:

During the year, the corporation completed a number of transactions affecting the stockholders' equity. They are summarized as follows:

1. Issued 60,000 shares of common stock at $28, receiving cash.
2. Issued 15,000 shares of preferred 2% stock at $120.
3. Purchased 36,000 shares of treasury common for $26 per share.
4. Sold 18,000 shares of treasury common for $29 per share.
5. Sold 12,000 shares of treasury common for $24 per share.
6. Declared cash dividends of $2.00 per share on preferred stock and $0.06 per share on common stock.
7. Paid the cash dividends.

Required:

Journalize the entries to record the transactions.

For a compound transaction, if an amount box does not require an entry, leave it blank.

a. Issued 60,000 shares of common stock at $28, receiving cash.

b. Issued 15,000 shares of preferred 2% stock at $120.

c. Purchased 36,000 shares of treasury common for $26 per share..

d. Sold 18,000 shares of treasury common for $29 per share.

e. Sold 12,000 shares of treasury common for $24 per share.

f. Declared cash dividends of $2 per share on preferred stock and $0.06 per share on common stock.

g. Paid the cash dividends.

In laboratory tests, a new construction material was found to conduct heat at a rate of 10.2 Btu’s per hour per square meter of surface area. The temperature on one side of the wall was held at a constant 5 F while the other side was held at 70 F. The test specimen was 12.0 inches thick. What is the ambient air temperature (F) on the warm side of the wall? Assume there is free convection on the warm side of the wall, and the warm side is indoors.

This question concerns the construction of a NumberUtils class declaration that contains a collection of useful routines. Write a class declaration that satisfies the following specification: Class NumberUtils The NumberUtils class contains a collection of routines for working with integers. Instance variables None Constructors private NumberUtils() {} // A private, empty-bodied constructor prevents NumberUtil objects from being created. Methods public static int[] toArray(int number) // Given a number that is n digits in length, maps the digits to an array length n. // e.g. given the number 5678, the result is the array {5, 6, 7, 8}. public static int countMatches(int numberA, int numberB) // Given two numbers, count the quantity of matching digits – those with the same value and // position. For example, given 39628 and 79324, there are 2 digits in common: x9xx2x. // It is assumed that the numbers are the same length and have no repeating digits. public static int countIntersect(int numberA, int numberB) // Count the quantity of digits that two numbers have in common, regardless of position. // For example, given 39628 and 97324, there are 3 digits in common: 3, 7, 2. // It is assumed that the numbers are the same length and have no repeating digits. You should make a simple test program (which you do not need to submit) to check your code.

The following selected accounts appear in the ledger of Parks Construction Inc. at the beginning of the current year:

During the year, the corporation completed a number of transactions affecting the stockholders' equity. They are summarized as follows:

1. Issued 80,000 shares of common stock at $21, receiving cash.
2. Issued 13,000 shares of preferred 2% stock at $116.
3. Purchased 48,000 shares of treasury common for $20 per share.
4. Sold 24,000 shares of treasury common for $23 per share.
5. Sold 16,000 shares of treasury common for $18 per share.
6. Declared cash dividends of $2.00 per share on preferred stock and $0.10 per share on common stock.
7. Paid the cash dividends.

Journalize the entries to record the transactions.

For a compound transaction, if an amount box does not require an entry, leave it blank.

Required:

a. Issued 80,000 shares of common stock at $21, receiving cash.

b. Issued 13,000 shares of preferred 2% stock at $116.

c. Purchased 48,000 shares of treasury common for $20 per share.

d. Sold 24,000 shares of treasury common for $23 per share.

e. Sold 16,000 shares of treasury common for $18 per share.

f. Declared cash dividends of $2.00 per share on preferred stock and $0.10 per share on common stock.

g. Paid the cash dividends.

The following selected accounts appear in the ledger of Upscale Construction Inc. at the beginning of the current year:

During the year, the corporation completed a number of transactions affecting the stockholders' equity. They are summarized as follows:

1. Issued 80,000 shares of common stock at $23, receiving cash.
2. Issued 20,000 shares of preferred 2% stock at $192.
3. Purchased 48,000 shares of treasury common for $21 per share.
4. Sold 24,000 shares of treasury common for $24 per share.
5. Sold 16,000 shares of treasury common for $19 per share.
6. Declared cash dividends of $3.50 per share on preferred stock and $0.06 per share on common stock.
7. Paid the cash dividends.

Required:

Journalize the entries to record the transactions. If an amount box does not require an entry, leave it blank.

a. Issued 80,000 shares of common stock at $23, receiving cash.

b. Issued 20,000 shares of preferred 2% stock at $192.

c. Purchased 48,000 shares of treasury common for $21 per share.

d. Sold 24,000 shares of treasury common for $24 per share.

e. Sold 16,000 shares of treasury common for $19 per share.

f. Declared cash dividends of $3.50 per share on preferred stock and $0.06 per share on common stock.

g. Paid the cash dividends.

The Caplans contract with Faithful Construction, Inc. to build a house for them for $360,000. The specifications state “all plumbing bowls and fixtures…to be Crane brand.” The Caplans leave on vacation and, during their absence, Faithful is unable to buy and install Crane plumbing fixtures. Instead, Faithful installs Kohler brand fixtures, an equivalent in the industry. On completion of the building contract, the Caplans inspect the work, find the substitution, and refuse to accept the house. They claim Faithful has breached the conditions set forth in the specifications.

- Is the Caplans’ claim valid