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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.
a Mar. Issued shares of $ par value common stock at $ cash per share.
b Apr. Issued shares of $ par value, preferred stock at $ cash per share.
c June. Purchased shares of its own common stock at $ cash per share.
d Sep. Sold shares of its treasury stock at $ cash per share.
Note: For each account category, indicate the appropriate account name. Enter NA for any account category that is not used for a given transaction.
Note: Indicate a decrease in an account category by including a negative sign with the amount.
Please answer all parts of the question.
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