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TB EX Qu . 1 0 - 1 6 2 ( Algo ) Diane's Designs has two classes of stock... Diane's Designs has two classes
TB EX QuAlgo Diane's Designs has two classes of stock...
Diane's Designs has two classes of stock authorized: $ par value preferred and $ par value common. The following transact affect stockholders' equity during its first year of operations:
January Issue shares of common stock for $ per share.
February Issue shares of preferred stock for $ per share.
October Purchase shares of its own common stock for $ per share.
November Resell shares of treasury stock at $ per share.
Required:
Record each of these transactions. If no entry is required for a particular transactionevent select No Journal Entry Required" ir the first account field
tableNoDate,General Journal,Debit,CreditJanuary Cash,Common Stock,,Additional Paidin Capital,,,M
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