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The comparative balance sheets for 2021 and 2020 and the statement of income for 2021 are given below for Dux Company. Additional information from Duxs

The comparative balance sheets for 2021 and 2020 and the statement of income for 2021 are given below for Dux Company. Additional information from Duxs accounting records is proided also.

image text in transcribedimage text in transcribedimage text in transcribed Additional information from the accounting records: a. A building that originally cost $40,000, and which was three-fourths depreciated, was sold for $8,000. b. The common stock of Byrd Corporation was purchased for $5,000 as a long-term investment. c. Property was acquired by issuing a 13%, seven-year, $44,000 note payable to the seller. d. New equipment was purchased for $16,000 cash. e. On January 1, 2021, bonds were sold at their $81,000 face value. f. On January 19, Dux issued a stock dividend (1,000 shares). The market price of the $10 par value common stock v $21 per share at that time. g. Cash dividends of $35,000 were paid to shareholders. h. On November 12, 1,200 shares of common stock were repurchased as treasury stock at a cost of $8,000. Required: Prepare the T-account for Dux Company. (Enter your answers in thousands. (i.e., 10,000 should be entere Additional information from the accounting records: a. A building that originally cost $40,000, and which was three-fourths depreciated, was sold for $8,000. b. The common stock of Byrd Corporation was purchased for $5,000 as a long-term investment. c. Property was acquired by issuing a 13%, seven-year, $44,000 note payable to the seller. d. New equipment was purchased for $16,000 cash. e. On January 1, 2021, bonds were sold at their $81,000 face value. f. On January 19, Dux issued a stock dividend (1,000 shares). The market price of the $10 par value common stock v $21 per share at that time. g. Cash dividends of $35,000 were paid to shareholders. h. On November 12, 1,200 shares of common stock were repurchased as treasury stock at a cost of $8,000. Required: Prepare the T-account for Dux Company. (Enter your answers in thousands. (i.e., 10,000 should be entere

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