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Required information (The following information applies to the questions displayed below) art 1 of 2 Soints Tony and Suzie have purchased land for a new

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Required information (The following information applies to the questions displayed below) art 1 of 2 Soints Tony and Suzie have purchased land for a new camp. Now they need money to build the cabins, dining facility, a ropes course, and an outdoor swimming pool, Tony and Suzie first checked with Summit Bank to see if they could borrow an additional $1 million, but unfortunately the bank turned them down as too risky. Undeterred, they promoted their idea to close friends they had made through the outdoor clinics and TEAM events. They decided to go ahead and sell shares of stock in the company to raise the additional funds for the camp. Great Adventures has authorized $1 par value common stock. When the company began on July 1, 2021, Tony and Suzle each purchased 10,000 shares (20,000 shares total) of $1 par value common stock at $1 per share. The following transactions affect stockholders' equity during the remainder of 2022 Skipped November 5 Issue an additional 126.000 Bhares of common stock for $10 per share. November 16 Purchase 12,600 shares of its own common stock 1.0. treasury otock) for $20 per share. November 24 Resell 6,600 shares of treasury stock at $29 per share. December 1 Declare a cash dividend on its common stock of $14,520 (50.10 per share) to all stockholders of record on December 15. December 20 Pay the cash dividend declared on December 1. members Pay 5065,000 for construction of new cabins and other facilities. The entire expenditure is recorded in the buildings account. ele Required: 1. Record each of these transactions (if no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the issue of additional 126,000 shares of common stock for $10 per share Note Enter det before credits General Journal Debit Credit eBook 1. Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Req the first account field.) Print View transaction list References Journal entry worksheet 2 3 4 5 6 Record the purchase of 12,600 shares of its own common stock (l.e., treasury stock) for $28 per share. Note: Enter debits before credits General Journal Debit Credit Date November 16, 2022 Record entry Clear entry View general journal LHU MISL DULUUIL leu.) Print View transaction list References Journal entry worksheet 5 6 Record the resale of 6,600 shares of treasury stock at $29 per share. Note: Enter debits before credits. General Journal Debit Credit Date November 24, 2022 Record entry Clear entry View general Journal Drew 7 . View transaction list Journal entry worksheet 5 6 Record the declaration of $14,520 ($0.10 per share) cash dividend on its common stock to all stockholders of record on December 15. Note: Enter debits before credits. General Journal Debit Credit Date December 01 2022 Record entry Clear entry View general Journal Print View transaction list References Journal entry worksheet

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