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just number 3 please. use the same chart format please E11-9 (Algo) Recording and Reporting Stockholders' Equity Transactions, Including Closing Entry [LO 11-2, LO 11-3]
just number 3 please. use the same chart format please
E11-9 (Algo) Recording and Reporting Stockholders' Equity Transactions, Including Closing Entry [LO 11-2, LO 11-3] The following information applies to the questions displayed below. The annual report for Mallbu Beachwear reported the following transactions affecting stockholders' equity: a. Purchased $351,200 of common stock now held in treasury b. Dectared cash dividends in the amount of $260,600. c. Paid the dividends in (b) d. Issued 112.000 new shares of $010 par value common shares for $2 per share c. Closed the Dividends account. 3. Prepare a statement of stockholders' equity, assuming the following opening balances. Net income for the current year was $282,000 Step by Step Solution
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