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Ents 7 Unio In some states, a company must set a Par Value to its Common Stock. But the Par Value is not necessarily the

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Ents 7 Unio In some states, a company must set a Par Value to its Common Stock. But the Par Value is not necessarily the Market Value of that Common Stock. Please complete this equation: The Market Price of Common Stock on an Issue Date W U: Par Value + I ism vs is of p 9 Treasury stock carried in the Equity section as a contra- equity account reflects the price paid for the common stock repurchased. The account is said to report this as a measure. This means that the measure is fixed at the acquisition price paid for the stock and does not vary with cach reporting date so long as the Common Stock is held for reissuance. In accounting for a cash dividend, we track three important dates: the declaration date, the record date, and the payment date. At which one of these dates is an accounting entry generally NOT necessary? 10 When dividends-to-our-shareholders are recorded they reduce Retained Earnings. Please state the financial statement where Dividends are NEVER recorded - we have said that Dividends bypass this statement SIGN CONVENTIONS Page 2 of 6 1836 words O Focus day, wr these pr + 99% Percentage Course

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