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record the transactions stated. Accounting Principles Final, Ch 8, 10, 11 D Fayez Corp. has the following transactions: a) 1/1/1999 Beginning Balance 90,000 shares common

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record the transactions stated.
Accounting Principles Final, Ch 8, 10, 11 D Fayez Corp. has the following transactions: a) 1/1/1999 Beginning Balance 90,000 shares common stock outstanding, at b) 4/1/1999 Issued 14,900 shares of common stock for a total of $75,000 a par value of $3.80 c) 6/1/1999 Purchased 6,000 shares of its own common stock at $8.25 per d) 8/1/99 Sold 1,500 shares of common stock previously purchased at $ 11 e) 10/1/99 Sold 2,000 shares of common stock previously purchased at $7 f) 11/20/1999 The Board declared a 10% stock dividend for-Stockholders as share in addition to $800 commission per share per share of 12/31/99The market value of the stock at the declaration date was $10 (use weighted average) to be paid on January 31, 2000 g) 1/31/2000 Declared and paid the full year's dividend of $0.20 per share on common stock outstanding. h) The stock dividend was issued on 1/31/2000 Instructions a) Journalize the above transaction

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