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3 Refer to the following transactions o. Issued 400 shares of $100 par value preferred stock at par b. Issued 800 shares of S100 par

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3 Refer to the following transactions o. Issued 400 shares of $100 par value preferred stock at par b. Issued 800 shares of S100 par value preferred stock in exchange for land that had an appraised value of $102,000. c.Issued 20,000 shares of $5 par value common stock for $12 per share. d. Purchased 3.710 shares of common stock for the treasury at S13 per share. e. Sold 2.300 shares of the treasury stock purchased in transaction d for $15 per share, f. Declared a cash dividend of $185 per share on the preferred stock outstanding to be paid early next year. 9. Declared and issued an 5% stock dividend on the common stock when the market price per share of common stock was $16 05 Problem 8-30 (Algo) Part 1 Required: Show the effect of any) of each of the above transactions on each financial statement category by selecting a plus (+) or minus (-) and the amount in the appropriate column. Do not show items that affect net income in the retained earnings column You should assume that the transactions occurred in the isted chronological sequence and that no stock had been previously issued (Hint: Remember to consider appropriate effects of previous transactions) Transaction Cash Other Assets Elabilities Paid-in Capital Retained Earnings Treasury Stock Net Income Preu to en SE

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