CP11-1 Analyzing Accounting Equation Effects, Recording Journal Entries, and Preparing a Partial Balance Sheet Involving...
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CP11-1 Analyzing Accounting Equation Effects, Recording Journal Entries, and Preparing a Partial Balance Sheet Involving Stock Issuance, Purchase, and Reissuance Transactions [LO 11-2] The folowing information applies ho the questions displayed below Worldwide Company clbtained a charter from the stane n Jenuary that authortzed 200 000 sheres of common stock $10 par vnlue During the fest yes the company samed $3B,700 and tho following seected rensacsons occurred in the crder given a Iscued 65,000 shares of the common stock ot $13 cesh per share Reecom ed 2.500 shares at S16 cash per Shere from stockholders the shares are now held netary c. Reissued 1250 of the sheres in transaction (b) two months lster at 519 cash per shere
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