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Question 2 of 4 < > View Policies -/25 Current Attempt in Progress Splish Corporation is authorized to issue 47,000 shares of $5 par
Question 2 of 4 < > View Policies -/25 Current Attempt in Progress Splish Corporation is authorized to issue 47,000 shares of $5 par value common stock. During 2025, Splish took part in the following selected transactions. a. b. Issued 4,800 shares of stock at $44 per share, less costs related to the issuance of the stock totaling $5,800. Issued 1,100 shares of stock for land appraised at $47,000. The stock was actively traded on a national stock exchange at approximately $45 per share on the date of issuance. C. Purchased 470 shares of treasury stock at $46 per share. The treasury shares purchased were issued in 2021 at $43 per share. d. Retired the treasury shares purchased in part (c). Prepare the journal entries to record these transactions using the cost method. (List all debit entries before credit entries. Credit account
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