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[The following information applies to the questions displayed below. Refer to the following transactions. a. b. c. d. e. f. Sold 4,100 shares of $50
[The following information applies to the questions displayed below. Refer to the following transactions. a. b. c. d. e. f. Sold 4,100 shares of $50 par value 8% preferred stock at par. Declared the annual dividend on the preferred stock. Purchased 500 shares of preferred stock for the treasury at $51 per share. Issued 1,500 shares of $2 par value common stock in exchange for land valued at $110,000. Sold 258 shares of the treasury stock purchased in transaction c for $59 per share. Split the common stock 2 for 1. 53. 56 points Required information Required Show the effect if any of each o he above ansactions on each financial statement category by selecting a pus +) or minus -sign and the amount in he appropriate column. Do not show items hat affect net income in the retained earnings column. Cash Other Assets Liabilities Paid-in Capta Retained EarningsTreasury Stock Net Income
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