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26 cash per share. LO2 Identining and Analyzing Financial Statement Effects of Stock Transactions facial...

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Accounting

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26 cash per share. LO2 Identining and Analyzing Financial Statement Effects of Stock Transactions facial statement effects template to indicate the effects from each of these transactions. ;) e corp reports the following transactions relating to its stock accounts in the current year. Use the Feb 27 Issued 9,000 shares of $50 par value, 8% preferred stock at 888 cash per share. MBC Mar 31 Purchased 5,000 shares of its own common stock at $30 cash per share. June 25 Sold 3,000 shares of its treasury stock at $38 cash per share. July 15 Sold the remaining 2,000 shares of treasury stock at $29 cash per share

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