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E11.12 (LO 2, 3), AP The stockholders' equity accounts of Ripley Corporation on January 1, 2022, were as follows. Journalize transactions for stock issuance,
E11.12 (LO 2, 3), AP The stockholders' equity accounts of Ripley Corporation on January 1, 2022, were as follows. Journalize transactions for stock issuance, treasury stock purchase, cash dividend, and closing entries. The stock has a $10 par value. And 8,000 shares are authorized. Reviewing the numbers above, what is the authorized | issued | outstanding shares prior to any of the transactions below? AUTHORIZED ISSUED OUTSTANDING 1-Mar Issued 6,000 shares of common stock for $11 per share. AUTHORIZED ISSUED OUTSTANDING 22-Jun Issued 1,000 additional shares of common stock at $13 per share. AUTHORIZED ISSUED OUTSTANDING 1-Dec Declared a $0.70 per share cash dividend to common stockholders of record on December 15, payable December 31, 2022. You are making the entry for December 1. 31-Dec Repurchased 100 shares for $100 per share. Company paid cash. AUTHORIZED ISSUED OUTSTANDING
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