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A corporation is authorized to issue 2,000,000 shares of $5 par value common stock. During 2020, the company has the following stock transactions lan 15
A corporation is authorized to issue 2,000,000 shares of $5 par value common stock. During 2020, the company has the following stock transactions lan 15 issued 600,000 shares of common stock at 57 per share. Sept. 5 Purchased 10,000 shares of common stock for the treasury at 58 per share Dec. 6 Declared a $0.50 per share cash dividend to stockholders of record on Dec 20 payable on lan 3,2021. Instruction Compute the impact on total stockholders' equlty of each transaction nating increase or decrease and the amount for comple, shares of 100 pat we were stock were issued for $105 per share the total stockholders' equity would increase by $1.050 Jan 15 Specify increase or Decrease Amounts Sept S Specity increase of Decrease Amounts Dec 6 Specify Tecrease or Decrease Amount Maximum number of characters (induding HTML tags added by text editor) 32,000 Show.chatext Editor and character.com TumbMGA07 O BE E $ 18 99 6 10 DI
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