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1/1 Sold 10,000 shares of common stock for $95 per share. 12/1 Repurchased 1,000 shares of stock for $120/share 12/15 Declared a dividend of $2/share.
1/1 Sold 10,000 shares of common stock for $95 per share.
12/1 Repurchased 1,000 shares of stock for $120/share
12/15 Declared a dividend of $2/share. The dividend will be distributed to shareholders on January 19, 2019.
What would the general and adjusting journal entries be and have would they affect stockholders equity?
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