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help please Required information [The following information applies to the questions displayed below] Global Marine obtained a charter from the state in January that authorized

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Required information [The following information applies to the questions displayed below] Global Marine obtained a charter from the state in January that authorized 1000.000 shares of common stock, 55 par value. During the first yeat, the company earned $480,000 of net income and deciared no dividends, the following selected transactions occurred in the order given: a. Issued 120,000 shares of the common stock at $63 cash per share, b. Reacquired 33.000 shares at $58 cash per share. c. Reissued 14,000 shares from treasury for $59 per share. d. Reissued 14,000 shares from treasury for $57 per share. 2. Prepare journal entries to record each transaction. (if no entry is required for a transaction/event, select "No Journal Er Required" in the first account field.) Journal entry worksheet Record the issuance of 120,000 shares of common stock with a $5 par value for a price of $63 per share. Wote: Enter debits before cresifs: Journal entry worksheet Record the purchase of 33,000 shares of previously issued common stock for a price of $58 per share. Note: Enter debits before credits. Journal entry worksheet Record the re-issuance of 14,000 shares of treasury stock previously purchased for a price of $58 per share and sold for $59 per share. Note: Enter debits before credits. Journal entry worksheet 1 Record the re-issuance of 14,000 shares of treasury stock previously purchased for $58 per share and sold for $57 per share. Note: Enter debits before credits

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