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can you answer both plz? Thank you Question 33 (10 points) 3T Corp purchases 20,000 shares of MK Corp's 100,000 shares of common stock outstanding

can you answer both plz? Thank you image text in transcribed
Question 33 (10 points) 3T Corp purchases 20,000 shares of MK Corp's 100,000 shares of common stock outstanding for $80,000. The purchase of the shares should be recorded as a) Debit Stock Investment 80,000 and Credit Cash 80.000 b) Debit Equity Method Investment 80,000 and Credit Cash 80000 c) Not enough information to make the journal entry since the par value is not given. d) None of these answers is correct. Question 34 (10 points) Full-Love Corp has 50,000 shares of common stock outstanding with a par value of $0.50 and a market value of $10.50. Its Board of Directors declares a 20% stock dividend. By what dollar amount should one credit Common Stock Distributable? View hint for Question 34

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