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Sived ntinuing Problem Chapters 7-12 Required Information (The following information applies to the questions displayed below.) Part 1 of 2 Tony and Suzie have purchased

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Sived ntinuing Problem Chapters 7-12 Required Information (The following information applies to the questions displayed below.) Part 1 of 2 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 Suzie 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 November S Issue an additional 130.000 shares of common stock for $10 per where Novembre Purchase 13.800 hans of its own c on ... Sexy book for $24 per whare. Sovembesat Resell 7.000 ans of rey so as pes are Dacate cash diridend on is common stock of $15.960 $0.10 per share to all boekhelde. E zece Dec e mber 15 December 20 Pay the Pay $ 5,000 dividend declared on December 1 or con s ion of new cabins and other tacities. The entire expenditure . 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 feld.) View transaction list Type here to search o e o nuing Problem Chapters 7-12 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.) art 1 of 2 View transaction list oints Journal entry worksheet 1 2 3 4 5 6 Record the issue of additional 138,000 shares of common stock for $10 per share. Note: Enter debits before credits. References Date General Journal Debit Credit November 05, 2022 Record entry Clear entry View general journal Type here to search o e

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