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I need help with 9a and 9b. For part 9a please do the whole problem and provide a step-by-step analysis. I previously posted 9b here,
I need help with 9a and 9b. For part 9a please do the whole problem and provide a step-by-step analysis. I previously posted 9b here, however, the answers provided were incorrect at letters C, D, and G I managed to correct everything except the last two parts of G. I only need the common stock and the additional paid-in-capital for part G for 9b. I would really appreciate it thank you.
9a)
Part 9b)
[The following information applies to the questions displayed below Refer to the following transactions. a. Sold 10,000 previously unissued shares of $1 par value common stock for $18 per share. b. issued 2,000 shares of previously unissued 8% cumulative preferred stock, $40 par value, in exchange for land and a building appraised at $80,000 C. Declared and paid the annual cash dividend on the preferred stock issued in transaction b. d. Purchased 500 shares of common stock for the treasury at a total cost of $9,500. e. Declared a cash dividend of $0.15 per share on the common stock outstanding f Sold 260 shares of the treasury stock purchased in transaction d at a price of $20 per share. g. Declared and issued a 3% stock dividend on the common stock issued when the market value per share of common stock was $21. h. Split the common stock 3 for 1Step by Step Solution
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