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A Moving to another question will save this response. Question 1 On January 1, 2020, MWR Corporation had 60,000 shares of its $1 par value

image text in transcribed A Moving to another question will save this response. Question 1 On January 1, 2020, MWR Corporation had 60,000 shares of its $1 par value common stock outstanding. During 2020 the following transactions occurred: . . February 1: The company issued 8,000 shares of common stocks at $2 per share. April 3: The company purchased 2,000 shares of its own stock at $4 per share. September1: The company sold 600 shares of its stock purchased back on April 3. It was sold at S6 per share. October 1: The company declared a 14% stock dividend. On that date, its $1 par common stock had a market price of SS per share. . October 2: The company issued a $ 300,000, 3-year, %10 bonds for 96. December 31, 2023: Before maturity, the company retires the bonds at 102 when the carrying value of the bonds is $298,000. Journalize the above transactions. 4image text in transcribed

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