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*fix and correct missing answers* eBook Entries for Selected Corporate Transactions Selected transactions completed by Primo Discount Corporation during the current fiscal year are as

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eBook Entries for Selected Corporate Transactions Selected transactions completed by Primo Discount Corporation during the current fiscal year are as folilows Instructions: Journalize the transactions. If no entry is required, select "No entry required" from the dropdown box and leave the amount boxes blank. For a compound transaction, if an amount box does not require an entry, leave it blank Jan. 15. Split the common stock 4 for 1 and reduced the par from $80 to $20 per share. After the split, there were 400,000 common shares outstanding. Date Account Debit Credit 9. Common Stock Cash Feb. 28. Purchased 32,000 shares of the corporation's own common stock at s26, recording the stock at cost Date Account Debit Credit Feb. 28. Treasury Stock 832,000 Cash 832,000 May 1. Deciared semiannual dividends of $3.70 on 60,000 shares of preferred stock and $0.29 on the common stock to stockholders of record on June 1, payable on July 10 Date Account DebitCdI Credit

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