Journalize the transaction July 29. Sold 19,000 shares of treasury stock...
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Accounting
Journalize the transaction 
July 29. Sold 19,000 shares of treasury stock at $48, receiving cash. Nov. 15. Declared semiannual dividends of $2.3 on the preferred stock and $0.26 on the common stock (before the stock dividend). Nov. 15, A 2% common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $50
Journalize the transaction
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