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accounting The follow'restareholders' equity accounts are reported by Crane inc on Janaary 1: The following selected tranaction occurred during the re ar: Feb. 11 issued
accounting
The follow'restareholders' equity accounts are reported by Crane inc on Janaary 1: The following selected tranaction occurred during the re ar: Feb. 11 issued 35900 cemmican shares at $20 per thare Mar. 2 Aeaceuared 20000 cammon tharet at $22 yer share hife 14 Solit tie common shares 2 fie 1 when the comvion sharei were trasing at 530 per thare. luly 25 Heakquired 510 preferred thanes at 570 per thane. Seut. 16 fleacnuired 56.500 common thareifor fi7 per blare: Qit. 27 Declared a 53 commonstock alwidend ditributable on Oecember 13 to shareholeeri of rocory on November 24 . The fair value of the rommen ahares on Octoter 27 vas $19 per share $21 per llare. Show how each class of shares will be presented in the shareholders equity scction of the balincesheet at December 3t Step by Step Solution
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