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June 12 Issued 87,000 shares of $1 par value common stock for cash of $326,250. July 11 Issued 2,750 shares of $100 par value preferred

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June 12 Issued 87,000 shares of $1 par value common stock for cash of $326,250. July 11 Issued 2,750 shares of $100 par value preferred stock for cash at $107 per share. Nov. 28 Purchased 2.150 shares of treasury stock for $7.900. Prepare a tabular summary to record the Sandhill Co. transactions. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Prepare a tabular summary to record the Sandhill Co. transactions. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Sandhill Co, had these transactions during the current period. June 12 Issued 87,000 shares of $1 par value common stock for cash of $326,250. July 11 Issued 2,750 shares of $100 par value preferred stock for cash at $107 per share. Nov. 28 Purchased 2,150 shares of treasury stock for $7,900. Prepare a tabular summary to record the Sandhill Co, transactions. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockhalders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Llability or Equity item that was reduced.) Sandhill Co. had these transactions during the current period. June 12 Issued 87,000 shares of $1 par value common stock for cash of $326,250. July 11 Issued 2,750 shares of $100 par value preferred stock for cash at $107 per share. Nov. 28 Purchased 2,150 shares of treasury stock for $7,900. Prepare a tabular summary to record the Sandhill Co, transactions, Include margin explanations for the changes in revenues and expenses. (If a transaction couses a decrease in Assets, Liabilities or Stackholders' Equity, place a negative sign (ar parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced)

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