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Included in the December 31, 2012, Jacobi Company balance sheet was the following shareholders' equity section: The company engaged in the following stock transactions during

Included in the December 31, 2012, Jacobi Company balance sheet was the following shareholders' equity section:

The company engaged in the following stock transactions during 2013:

Required:

1.Prepare the JE's for each date.

2. Prepare the December 31, 2013, shareholders equity section (assume 2013 net income was $270,000)

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