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2 be Finishing Touches has two classes of stock authorized 7%. $10 par preferred and $1 par value common. The following transactions affect stockholders' equity
2 be Finishing Touches has two classes of stock authorized 7%. $10 par preferred and $1 par value common. The following transactions affect stockholders' equity during 2021. its first year of operations: January 2 Issue 100,000 shares of Connon stock for $27 per share February 5 In wes 2,200 shares of 7% preferred stock for $11 per share September 10 Purchases 12,000 shares of its own common stock for $2 per share December 15 Masells 6,000 shares of treasury stock at $37 per share Required: Record each of these transactions of no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field)
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