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Prepare journal entries to record the following transactions for a corporation for the current year. January 3 Issued 3 0 , 0 0 0 shares
Prepare journal entries to record the following transactions for a corporation for the current year.
January Issued shares of $ par value common stock at $ cash per share.
November Declared cash dividends payable to common stockholders of $ to the November stockholders of
record.
December Paid the dividends declared on November
December
Purchased shares of its own common stock at $ per share.
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