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Italian Stallion has the following transactions during the year related to stockholders' equity. February 1 Issues 6 , 0 0 0 shares of no -
Italian Stallion has the following transactions during the year related to stockholders' equity.
February Issues shares of nopar common stock for $ per share.
May Issues shares of $ par value, preferred stock for $ per share.
October Declares a cash dividend of $ per share to all stockholders of record both common and preferred on
ctober
ctober Date of record.
ctober Pays the cash dividend declared on ctober
Required:
Determine the financial statement effects of each of these transactions.
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February
May
October
October
October
Issues shares of nopar common stock for $ per share. Determine the financial statement effects of February
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