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Beamsley Corporation was organized in 2020 to operate a financial consulting business. The charter authorized 12.000 common shares, no par value, During the first
Beamsley Corporation was organized in 2020 to operate a financial consulting business. The charter authorized 12.000 common shares, no par value, During the first year, the following selected transactions were completed a. Issued 5,200 shares of common shares for cash at $17 per share. Issued 1,200 shares of common shares for cash at $20 per share. Required: 1. Show the effects of each transaction on the accounting equation. (Enter any decreases to Assets, Liabilities, or Stockholders' Equity with a minus sign.) Transaction Assets Shareholders Equity Check my work
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