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The following information pertains to JAE Corp. at January 1, Year 2 $20,000 15,000 32,000 Common stock, $20 par, 20,000 shares authorized, 2,000 shares 19sued

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The following information pertains to JAE Corp. at January 1, Year 2 $20,000 15,000 32,000 Common stock, $20 par, 20,000 shares authorized, 2,000 shares 19sued and outstanding Paid-in capital in excess of pax, common stock Retained earnings JAE Corp.completed the following transactions during Year 2: 1. Issued 3,000 shares of $10 par common stock for $25 per share. 2. Repurchased 500 shares of its own common stock for $26 per share 3. Resold 200 shares of treasury stock for $30 per share Required a. How many shares of common stock were outstanding at the end of the period? b. How many shares of common stock had been issued at the end of the period? c. Organize the transactions data in accounts under the accounting equation d. Prepare the stockholders' equity section of the balance sheet reflecting these transactions Hur answers in the tabs below. Req A and B Reqc Reg D Organize the transactions data in accounts under the accounting equation. (Enter any decreases to account balances with JAE CORPORATION Accounting Equation for the Year 2 Stockholders' Equity Assets Treasury Stock Liabilities Paid in Capital In Excess Common Stock Paid-in Capital In Excess Treasury Stock Retained Earnings Common Stock Event Cash Beg bal. 2 01 + 0 0 3 01+ 0 End bal ReD >

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