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Use the following to answer questions 6 - 1 2 The company has two classes of stock authorized: $ 1 0 0 . 0 0
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The company has two classes of stock authorized: $ par preferred and $ par value common. As of the beginning of shares of preferred stock and shares of common stock have been issued.
Record the following transactions to complete the Statement of Stockholders' Equity:
tableEffect on Stockholders' EquityMar,tableIssue additional shares of preferredstock for $ per shareApr,tableIssue additional shares of commonstock for $ per shareJun,tableDeclare a cash dividend on both common andpreferred stock of $ per share to allstockholders of record on June Jun,Pay the cash dividend declared on June Aug,tableRepurchase shares of common treasurystock for $ per shareOct,tableReissue shares of treasury stockpurchased on August for $ per shareDec,Net income for the year was $
The beginning balances are shown below. Complete the Statement of Stockholders' Equity using the above information:
tabletablePreferredStocktableCommonStocktableAdditionalPaidinCapitaltableRetainedEarningstableTreasuryStocktableTotalStockholdersEquitytableBeginning balanceXC$$$$$$
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