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On January 1, 2021, Skysong Corp. had 2,727,000 shares of common stock issued and outstanding. During 2021, it had the following transactions that related
On January 1, 2021, Skysong Corp. had 2,727,000 shares of common stock issued and outstanding. During 2021, it had the following transactions that related to common stock. Mar. 1 Issued 234,000 shares in exchange for land Apr. 1 Acquired 189,000 shares of treasury stock July 1 Issued a 20% stock dividend Sept. 1 Reissued 226,800 shares of treasury stock (adjusted for 20% stock dividend) Oct. 1 Issued a 2-for-1 stock split (a) Your Answer Correct Answer (Used) Determine the weighted average number of shares outstanding as of December 31, 2021. The weighted average number of shares outstanding 6,823,800
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