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1) Snoopy Co. issues 3,000 shares of $1 par value common stock for $27 per share. a. What is the joumal entry to record this

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1) Snoopy Co. issues 3,000 shares of $1 par value common stock for $27 per share. a. What is the joumal entry to record this transaction? (You may or may not need all rows of thic tovthnvl b. Snoopy Co. repurchases 250 of its own $1 par common stock for $32 per share. What is the journal entry to record this transaction? (You may or may not need all rows of this texthny c. Assuming the above transactions represent all of the common stock activity of Snoopy Co., how many common shares are issued? d. Assuming the above transactions represent all of the common stock activity of Snoopy Co., how many common shares are in treasury? e. Assuming the above transactions represent all of the common stock activity of Snoopy Co., how many common shares are outstanding? 2) On Nov. 1, 2022, the board of directors of Adams Inc. declared a $2.00 per share cash dividend on 90,000 shares of $1 par value common stock. The dividend will be paid to stockholders' who own shares on Dec. 29, 2022. The dividend will be paid on Feb. 14, 2023. What journal entry, if any, is required on each of the following dates? a Mru 1 ono a Enh 11 anso 3) At Hana Caf, Lelo \& Stitch use the same cash register drawer. a. What principle of internal control is being violated? b. How could a new policy improve this internal control violation? 4) The employee responsible for the CDE Co's checks keeps the checks in an unlocked desk. a. What principle of internal control is being violated? b. How could a new policy improve this internal control violation

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