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(Click icon to view the shareholders' equity transactions.) Requirement Record all of the journal entries that yield the reported shareholders' equity balances at December 31,2020.

image text in transcribed (Click icon to view the shareholders' equity transactions.) Requirement Record all of the journal entries that yield the reported shareholders' equity balances at December 31,2020. (Record debits first, then credits. Explanations are not required.) a. Issued 41,000 common shares for $4 per share. b. Issued additional common shares for $8 per share. c. Earned Revenues of $179,000 and incurred Expenses totalling $111,000. Shareholders' equity transactions During 2020, K-0: a. Issued 41,000 common shares for $4 per share. b. Issued additional common shares for $8 per share. c. Earned Revenues of $179,000 and incurred Expenses totalling $111,000. d. Declared and paid cash dividends. d. Declared and paid cash dividends

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