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The stockholders' equity section of Whisper Co. at December 31, 2018 is as follows Common stock-$20 par value, 100,000 shares authorized, 45,000 shares issued and

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The stockholders' equity section of Whisper Co. at December 31, 2018 is as follows Common stock-$20 par value, 100,000 shares authorized, 45,000 shares issued and outstanding Pad-in capital in excess of par value, common stock Retained earnings Total stockholders equity 900,000 80,000 370,000 $1,350,000 During 2019, the company has the transactions including the following. 2 Purchased 4,000 shares of its own stock at $25 cash per share. 5 Directors declared a $4 per share canh dividend payable on February 28 to the February 5 stockholders of record. Teb. 28 Maid the dividend declared on January 5. July Sold 1,500 of its treasury shares at $29 canh per' whare: Aug 22 Directors declared a $4 per share cash dividend payable on October 28 to the September 25 stockholders of record. Sept 5 Sold 2.500 of its treasury shares at $22 cash per share. Oct. 28 Paid the dividend declared on September 5. Dec. 31 Clound the $350.000 debit balance (from net loos) in the Income Summary account to Retained Earnings. Required: Prepare journal entries to record each of these transactions Complete this question by entering your answers in the tabs below. Required: Prepare journal entries to record each of these transactions. View transaction list Journal entry worksheet 1 2 3 4 5 8 Record the purchase of 4,000 shares of its own common stock for $25 cash per share Enter debits before credits

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