At December 31, 2019, Blumenthall Corporation reported the shareholders ' equity accounts shown here (as adapted, with dollar amounts in millions) Blumenthall 's 2020 transactions included the following a Issuance of 6 million common shares for ( $ 12 50 ) per share b Declared cash dividends of ( $...

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At December 31, 2019, Blumenthall Corporation reported the shareholders' equity accounts shown here (as adapted, with dollar

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At December 31, 2019, Blumenthall Corporation reported the shareholders' equity accounts shown here (as adapted, with dollar amounts in millions): image text in transcribed

Blumenthall's 2020 transactions included the following:

a. Issuance of 6 million common shares for $\$ 12.50$ per share

b. Declared cash dividends of $\$ 25$ million.

c. Paid the dividends declared in (b).
Journalize Blumenthall's transactions. Explanations are not required.

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Financial Accounting

ISBN: 9780135433065

7th Canadian Edition

Authors: Walter Harrison, Wendy Tietz, C. Thomas, Greg Berberich, Catherine Seguin

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Question Posted: May 10, 2024 09:00 AM

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At December 31, 2019, Blumenthall Corporation reported the shareholders' equity accounts shown here (as adapted, with dollar

Question:

Common shares 1,800 million shares issued $2,700 Retained earnings. 1.200 Total shareholders' equity. $3,000

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Financial Accounting

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