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During the year, the following transactions affected its stockholders' equity accounts. January 2. Purchased 5,009 shares of its om stock at $2.3 cash per share,
During the year, the following transactions affected its stockholders' equity accounts. January 2. Purchased 5,009 shares of its om stock at \$2.3 cash per share, January 5 Directors declared a 32 per share cash dividend payable on February 26 to the rebruary 5 stockholders of record. february 28 - Paid the dividend declared on January 5. July 6 sold 2,500 of its treasury shares at $27 cash per share. August 22 sold 2,500 of its treasury shares at $19 cash per share. September 5 Directors declared a $2 per share cash dividend payable on october 28 to the 5 eptember 25 stockholders of record. October 28 paid the dividend declared on septenber 5. Decenber 31 Closed the 5280,500 eredit balance (from net incone) in the Incone sumary account to Retained Earnings. For each transaction, indicate the impact on total stockholders' equity. Enter decreases to equity as negative values. Verify that total Stockholder' equity as of December 31 , as calculated, agrees with the amount reported on the balance sheet. juiy 0 so10 2,300 or ats treasury snares at $L casn per snare. August 22 sold 2,500 of its treasury shares at $19 cash per share. September 5 Directors declared a $2 per share cash dividend payable on October 28 to the September 25 stockholders of record. October 28 paid the dividend declared on septenber 5. Decenber 31 Closed the 5280,500 eredit balance (from net income) in the Income Summary account to Retained Earnings. For each transaction, indicate the impact on total stockholders' equity. Enter decreases to equity as negative values. Verify that total Stockholders' equity as of December 31 , as calculated, agrees with the amount reported on the balance sheet
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