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ESOURCES GRACE TT Question 1 Oanary 1, Cullumber Corporation had 95.000 shares of no por common stock issued and outstanding. The stock has a stated

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ESOURCES GRACE TT Question 1 Oanary 1, Cullumber Corporation had 95.000 shares of no por common stock issued and outstanding. The stock has a stated value of the share. During the year, the following occurred, Apt 1 Issued 27,000 additional shares of common stock for $17 per share June 15 Dedared a cash dividend of $1 per share to stockholders of record on June 30. July 10 Paid the $1 cash dividend, Dec. 1 Issued 3,000 additional shares of common stock for $20 per share. 15 Dedared a cash dividend on outstanding shares of $1.70 per share to stockholders of record on December 31. (a) Prepare the entries to record these transactions, the entry is nagwired, select Montry for the accounts and enter for the amounts Record journal entries in the represented in the problem. Credit Accounts are automatically indented when it is entered. Be not inde manually.) Account Titles and Explanation Debit Credit Date Stad RCES Date Account Titles and Explanation Debit Credit

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