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Identifying and Analyzing Financial Statement Effects of Stock Transactions Melo Company reports the following transactions relating to its stock accounts in the current year. Use
Identifying and Analyzing Financial Statement Effects of Stock Transactions
Melo Company reports the following transactions relating to its stock accounts in the current year. Use the financial statement effects template to indicate the effects from each of these transactions.
Mar. issued shares of $ par value common stock at $ cash per share.
Apr. Issued shares of $ par value, preferred stock at $ cash per share.
June Purchased shares of its own common stock at $ cash per share.
Sep. Sold shares of its treasury stock at $ cash per share.
Note: Use negative signs with answers when appropriate.
Note: If an answer field is not needed, leave it blank not all answer fields will be used
Note: Round answer to the nearest dollar, if applicable.
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