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SECTION D PLEASE Windsor Corporation is authorized to issue 48.000 shares of $5 par value commonstock. During 2025 , Windsor tookpart in the following selected
SECTION D PLEASE
Windsor Corporation is authorized to issue 48.000 shares of $5 par value commonstock. During 2025 , Windsor tookpart in the following selected transactions. a. Issued 5,200 shares of stock at $47 per share, less costs related to the issuance of the stock totaling $7,400. b. Issued 1,200 shares of stock for land appraised at $48,000. The stock was actively traded on a national stock exchange at approximately $48 per share on the date of issuance: c. Purchased 460 shares of treasury stock at $43 per share. The treasury shares purchased were issued in 2021 at $40 per share. d. Retired the treasury shares purchased in part (c). Prepare the journal entries to record these transactions usirg the cost method. (list all debit entries before credit entries Credit occount titles are outomaticolly indented when the amount is entered. Do not indent manually. If no entry is required, select " No Entry" for the occoint tities and enter 0 for the amounts Step by Step Solution
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