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Problem 10-83A Treasury Stock Transactions Hansen Inc, engaged in the following transactions during the current year: a. Repurchased 13,000 shares of lts own $1 par

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Problem 10-83A Treasury Stock Transactions Hansen Inc, engaged in the following transactions during the current year: a. Repurchased 13,000 shares of lts own $1 par common stock for $14 per share on January 14. b. Sold 2,000 treasury shares to employees for $6 per share on January 31 . c. Repurchased 3,000 more shares of the $1 par common stock for $16 per share on July 24. d. Sold the remaining 11,000 shares from the January 14 purchase and 1,200 of the shares from the July 24 purchase to employees for 16.50 per share on August 1. Required: 1. Prepare journal entries for each of these transactions: a. 3an.14 (Record purchase of treasury shares) b. Jan. 31 (Record reissue of triksury shares) c. July 24 (Record purchase of treasury shares) d. Aug. 1 2. Conceptual Connection: Determine what the effect on total stockholders' equity is for each of the four transactions. Note the following: 1. Enter the net increase or decrease by transaction. 2. Enter all amounts as positive values. a. b. by c. by d. by Total by

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