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During the current year, the following transoctions affected its stockholders' equity accounts.January 2 . Purchased 4 , 1 0 0 shares of its own stock
During the current year, the following transoctions affected its stockholders' equity accounts.January Purchased shares of its own stock at $ cash per share.January Directors declared a $ per share cash dividend payable on February to the February stockholders of record.
February Paid the dividend declared on January
August sold of its treasury shares at $ cash per share.
September Dind of ts treasury shares at $ cash per share.
October Paid per share eash dividend payable on october to the September stockholders of record.
Decenber closed the dividend declared on Septenber
Required:
Prepore journel entries to record each of these tronsactions.
Prepore o stotement of retained earnings for the current year ended December
Prepare the stockholders' equity section of the balance sheet as of December of the current year.
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Prepare the stodiholders' equity sectisn of the balence shteth ats of December at the curtent year..
ALEX CORPORAT obrace
Stockholdere' Equily sectlon of tha Balance sheat
Deceminer
Tehal siotectaderere ectity
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