Transactions of stock

by | Sep 4, 2021 | Assignment Help

Consider Each of the following transactions separately from every other transaction:a. Issuance of 50,000 shares of $10 per common at $15b. Purchase of 1,000 shares of treasury stock (par value $0.50) at $5 per sharec. Issuance of a %10 stock dividend. Before the dividend, 500,000 shares of $1 par common stock were outstanding; market value was $7 at the time of the dividend. d. sale of 600 shares of $1 par treasury stock for $5 per share. Cost of the treasury stock was $2 per sharee. split stock 3-for-1. Prior to the split, 60,000 shares of $4 par common were outstanding Identify whether each transaction increased, decreased, or did not change total stockholders’ equity

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