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7 Required information The following information applies to the questions displayed below Worldwide Company obtained a charter from the state in January that outhorized 200,000
7 Required information The following information applies to the questions displayed below Worldwide Company obtained a charter from the state in January that outhorized 200,000 shares of common stock, $10 par value. During the first year the company earned $37,700, declared no dividends and the following selected transactions occurred in the order given: Part 1 of 2 10 points a. Issued 55,000 shares of the common stock at $12 cash per share. b. Reacquired 1,500 shares at $15 cash per share from stockholders, the shares are now held in treesury c. Reissued 750 of the shares in transaction (b) two months later at $18 cash per share eBook Required: t, ndiceting the account, anount, and cdrection of the effect on above transection jEnter any decieses to Assets Print Liabilities and Stockholders' Equity with a minus sign.) Reference Liabilities b. C
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