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Question 2 of 6 View Policies Current Attempt in Progress Cullumber Company had these transactions during the current period. June 12 July 11 Nov. 28

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Question 2 of 6 View Policies Current Attempt in Progress Cullumber Company had these transactions during the current period. June 12 July 11 Nov. 28 Issued 82,000 shares of $1 par value common stock for cash of $307,500. Issued 2,500 shares of $100 par value preferred stock for cash at $107 per share. Purchased 1,850 shares of treasury stock for $9,200. Prepare a tabular summary to record the Cullumber Company transactions. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parte in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Liabilities Cash PIC incend Common Stock June 22 July 11 Nov. 28 eTextbook and Media List of Accounts Offremets of used

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