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Identifying and Analyzing Financial Statement Effects of Stock Transactions Melo Company reports the following transactions...

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Accounting

Identifying and Analyzing Financial Statement Effects of Stock Transactions
Melo Company reports the following transactions relating to its stock accounts in the current year. Use the financial statement effects template to indicate the effects from each of these transactions.
(a) Mar. 2 Issued 20,000 shares of $1 par value common stock at $30 cash per share.
(b) Apr. 14 Issued 30,000 shares of $100 par value, 8% preferred stock at $250 cash per share.
(c) June. 30 Purchased 6,000 shares of its own common stock at $22 cash per share.
(d) Sep. 25 Sold 3,000 shares of its treasury stock at $26 cash per share.

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