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URGENT PLEASE Required information [The following information applies to the questions displayed below/ The arnual report for Malibu Beochwear reported the following transactions affecting tockholders
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Required information [The following information applies to the questions displayed below/ The arnual report for Malibu Beochwear reported the following transactions affecting tockholders equity a Purchased $350.500 of common stock now held in treasury b. Declared cash dividends in the amount of $260,250 c. Poid the dividends in (b) d. Issued 105.000 new shares of $010 par value common shares for $2 per share e Closed the Dividends account lequired: . Indicate the effect (+ for increase, - for decrease. +/ for increase/decrease) of each of these transactions on total assets, liabitites, and stockholders' equity (Leave cell blank if there is no effect.) Step by Step Solution
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