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SV ANG Question 14 7.5 points 17.5 Grades) Hamad Town Company had the following balances in the stockholders' equity accounts at Dec 31, 2020: Common

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SV ANG Question 14 7.5 points 17.5 Grades) Hamad Town Company had the following balances in the stockholders' equity accounts at Dec 31, 2020: Common stock, $10 par, 60,000 shares authorized, 30,000 shares issued and outstanding $ 300,000 Paid in Capital in Excess of Par Value, Common Stock 200,000 - Retained Earnings 500,000 The following transactions occurred during 2021. 1. Feb 20: Purchased 2,000 of its own shares for $ 18 per share 2. March 10. Declared a $2 per share cash dividend on the outstanding common stock 3.Anal OZ Paid the cash dividends declared early in March 10 4. May. 20. Sold all treasury shares for $19 each 5.Od. 1 Declared 10% stock dividends on the outstanding common stock for the record of Nov. 1 and to be distributed on Dec. 10. The market value of stock on Oct. 1 was $14 per share 6 Dec 10: Distributed the shares which declared on Oct 1 Z Dec. 25. Inplemented a 2-or-1 stock split, when the market value of stock was $20 per share NOTE: If there is no entry, please write: NO EN TRY Required: Prepare Journal entries to record transactions that occurred during 2021 CLEARLY INDICATE THE DEBITS & CREDITS Example on 1 January 2020, XYZ Compays 10,000 cash to purchase and Antwed 71020 Or Land 10,000 C Cash 10,000 For the toolbar, preus ALT 10 (PO OF ALTINFO (MI 2 3

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