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Posted: June 15th, 2022
(1) Issued shares on January 1 for $60,000(2) Repurchased 2,000 shares on April 30(three) Reissued some treasury shares in August at a value of $10 per shareA) Put together the journal entry recorded by firm X, together with the account names and quantities, for every transaction. (Word, even should you donât have the numbers, present the accounts that will likely be affected.)B) What number of shares are issued as of December 31?C) Assume the corporate additionally declared and paid a dividend in December to all shares issued and excellent. What number of shares obtained a dividend?
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