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Mathematics, 13.11.2019 19:31 july00
Identifying financial statement effects of stock issuance and repurchase on january 1, arcola company issues 7,000 shares of $100 par value preferred stock at $300 cash per share. on march 1, the company repurchases 7,000 shares of previously issued $1 par value common stock at $156 cash per share. use the financial statement effects template to record these two transactions.
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Identifying financial statement effects of stock issuance and repurchase on january 1, arcola compan...
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