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1.Please explain what a corporation is, why would a company issue stocks and record an issuance of common stock for cash. I don't need the

1.Please explain what a corporation is, why would a company issue stocks and record an issuance of common stock for cash. I don't need the figures, just an explanation of the journal entry.

2. Describe the accounting for cash dividends, stock dividends and stock splits including the importance dates.

3. Please walk me through the procedures for the purchase and sale of treasury stocks.

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