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I am not sure why my middle three are wrong. i calculated them the same way as a previous problem. Power Drive Corporation designs and

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I am not sure why my middle three are wrong. i calculated them the same way as a previous problem.

Power Drive Corporation designs and produces a line of golf equipment and golf apparel. Power Drive has 100,000 shares of common stock outstanding as of the beginning of 2021. Power Drive has the following transactions affecting stockholders' equity in 2021. March Issues 51,000 additional shares of $1 par value common stock for $48 per share. 10 Purchases 4,600 shares of treasury stock for $51 per share. 1 Declares a cash dividend of $1.30 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.) 1 Pays the cash dividend declared on June 1 May June July October 21 Resells 2,300 shares of treasury stock purchased on May 10 for $56 per share Required: Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Answer is complete but not entirely correct No Date General Journal Debit Credit March 01, 2021 Cash 2,448,000 1 Common Stock 51,000 Additional Paid-in Capital 2,397,000 2 May 10, 2021 Treasury Stock 2,346,000 Cash 2,346,000 3 June 01, 2021 Dividends 2,990 Dividends Payable 2,990 Dividends Payable 4 July 01, 2021 166,810 Cash 166,810

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