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a. Use the horizontal model to show the effects of the issuance of common stock on January 1, 2019. Indicate the financial effect. b. Use
a. Use the horizontal model to show the effects of the issuance of common stock on January 1, 2019. Indicate the financial
effect.
b. Use the horizontal model to show the effects of the declaration of dividends on December 31, 2019. Indicate the financh
effect.
c. Use the horizontal model to show the effects of the payment of dividends on February 7, 2020. Indicate the financial sta
effect.
d. Record the journal entry for the following transactions:
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College Accounting Chapters 1-29
Authors: John J. Wild, Vernon J. Richardson, Ken W. Shaw
2nd Edition
0077398173, 978-0077398170
