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Assume Cookie Corner, Inc., completed the following transactions during 2021, the company's 10th year of operations: (Click the icon to view the transactions.) Requirements 1.
Assume Cookie Corner, Inc., completed the following transactions during 2021, the company's 10th year of operations: (Click the icon to view the transactions.) Requirements 1. Analyze each transaction in terms of its effect on the accounting equation of Cookie Corner. 2. What impact did each transaction have on cash flows? More info \begin{tabular}{|c|c|} \hline Feb 3 & Issued 13,000 shares of common stock ( $2.00 par) for cash of $377,000. \\ \hline Mar 19 & Purchased 2,200 shares of the company's own common stock at \$23 per share. \\ \hline Apr 24 & Sold 1,900 shares of treasury common stock for $26 per share. \\ \hline Aug 15 & Declared a cash dividend on the 18,000 shares of $0.70 no-par preferred stock. \\ \hline Sep 1 & Paid the cash dividends. \\ \hline Nov 22 & Declaredanddistributeda10%stockdividendonthe89,000sharesof$2.00parcommonstockoutstanding.Themarketvalueofthecommonstockwas$27pershare. \\ \hline \end{tabular}
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