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i need help Pharoah Company had these transactions during the current period. June 12 issued 82,500 shares of $1 par value common stock for cash
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Pharoah Company had these transactions during the current period. June 12 issued 82,500 shares of $1 par value common stock for cash of $309,375 July 11 Issued 4,250 shares of $100 par value preferred stock for cash at $108 per share. Nov, 28 Purchased 1,950 shares of treasury stock for $9.750. Prepare a tabular summary to record the Pharoah Company transactions. Include margin explanations for the changes in revenues and expenses. (If a transoction causes a decrease in Assets, Liobiities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced) Step by Step Solution
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