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indicate the account number for each part Declared a 20 percent stock dividend. Sold 4,000 common shares to an investor for $50,000. 1. Retained earnings
indicate the account number for each part
Declared a 20 percent stock dividend. Sold 4,000 common shares to an investor for $50,000. 1. Retained earnings Declared a two for one stock split. 2. Common shares 3. Dividends payable 4. Cash Repurchased common shares at the same price as the average price the shares were previously issued at 5. Income Summary 6. No entry needed Paid a previously declared cash dividend to common shareholders Declared a cash dividend to common shareholders of $2 per share. 27 ution 17 (14 points) Insanedbathicus Step by Step Solution
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