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The financial statements of Jeremiah Bullfrog Company report the following information at December 31 , Year 1. Conson-stock-$20 par value, 100,000 shares authorized, 55,000 shares

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The financial statements of Jeremiah Bullfrog Company report the following information at December 31 , Year 1. Conson-stock-\$20 par value, 100,000 shares authorized, 55,000 shares issued and outstanding Paid-in capital in excess of par value, connon stock Retained earnings Total stockholders' equity During Year 2, the following transactions affected its stockholders' equity accounts. January 2 Purchased 4,000 shares of its owh stock at 525 cash per share. Jartuary 5 Directors declared a 54 per share cash dividend payable on February 28 to the february 5 stockholders of record. February 28 Paid the dividend declared on January 5 . July 6 sold 2,000 of 1ts treasury shares at $29 cash ger share. August 22 sold 2, 9ee of its treasury shares at \$21 cash per share. Septeaber 5. Directors declared a 54 per share cash dividend payable on october 28 to the 5 eptenbar 25 stockholders of recerd. October 28 Paid the dividend declared on Septemter 5 . Prepare journal entries to record each of these transactions. Journal entry worksheet 7 Record the purchase of 4,000 shares of its own common stock for $25 cash per share. Note: Enter debits before credits. Accounts payable Accounts receivable Accumulated depreciation-Building Accumulated depreciation-Equipment Building Cash Common dividend payable Common stock dividend distributable Common stock, $0.50 par value Common stock, \$1 par value Common stock, $1 stated value Common stock, $10 par value Common stock, \$2 par value Common stock, \$2 stated value Common stock, $20 par value Common stock, \$5 par value Common stock, $8 stated value Common stock, No-Par value Cost of goods sold Depreciation expense-Building Interest expense Interest revenue Inventory Land Note payable Organization expenses Paid-in capital in excess of par value, Common stock Paid-in capital in excess of par value, Preferred stock Paid-in capital in excess of stated value, Common stock Paid-In capital, Treasury stock Preferred stock, $100 par.value Preferred stock, $50 par value Salaries expense Sales Sales discounts Sales discounts Sales returns and allowances Supplies Supplies expense Treasury stock, Common

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