ponding stock certificates to fully paid subscribers. Jan 10.) Re-issued the remaining 500 Preference Treasury Shares at P110 per share. Jan 15.)Declared the subscription of Jay Cruz as delinquent; paid P2,000 for the online advertisement of the auction of the shares.
Please help me journalize the following equity transactions The following equity transactions took place during January 2021.
Jan 2.)Re-issued 500 Preference Treasury Shares at P125 per share.
Jan 3.)Received subscription to 2,000 ordinary shares at P60 per share, with 50% down payment, balance due on 30 Jan 2021.
Jan 5.)Collected in full the account of preference subscribers, except for the balance of 700 shares of Jay Cruz amounting to P40,000. Issued corresponding stock certificates to fully paid subscribers.
Jan 10.) Re-issued the remaining 500 Preference Treasury Shares at P110 per share.
Jan 15.)Declared the subscription of Jay Cruz as delinquent; paid P2,000 for the online advertisement of the auction of the shares.
Jan 17.)Collected in full the balance on 5,000 subscribed ordinary shares; issued the corresponding stock certitificates.
Jan 20.)Re-acquired 1,200
Jan 25.)Received bids for the delinquent subscription of Jay Cruz as follows: Pepe Castro, 500 shares Pilar Cinco, 420 shares Pete Co, 400 shares. The highest bidder paid the "offer price" including P200 interest on overdue subscription of Jay Cruz, corresponding stock certificates were issued.
Jan 27.)Re-issued 500 Preference Treasury shares at P110.
Jan 30.)Re-acquired and retired 300 ordinary shares at P125 per share.
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