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Current Attempt in Progress Cullumber Company had the following Shareholders' Equity accounts as of May 1 , 2 0 2 3 : Share capital: Preferred
Current Attempt in Progress Cullumber Company had the following Shareholders' Equity accounts as of May : Share capital: Preferred shares, issued and outstanding $ Class A common shares, Sunland Company had the following Shareholders' Equity accounts as of May :
On June Sunland reacquired and cancelled Class A common shares at a cost of $ per share. On August Sunland
issued Class A common shares for $ each. On September the company reacquired and cancelled another ClassA
common shares at $ per share.
Prepare the journal entries required to record these transactions. Round per share value to decimal places, eg and final answers
to decimal places, eg List all debit entries before credit entries. Credit account titles are automatically indented when the amount is
entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts. Record journal
entries in the order presented in the problem.
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submissioncantake unto minutes issued and outstanding Class B common shares, issued and outstanding Retained earnings Total shareholders' equity table $
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