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Business, 30.11.2019 02:31 jaidalynkimora
Italian stallion has the following transactions during the year related to stockholders' equity
february 1 issues 6,000 shares of no - par common stock for $ 16 per share.
may 15 issues 700 shares of $10 par value preferred sotck for $13 per share.
october 1 declares a cash dividend of $1.25 per share to all stockholders of record(both common and preferred) on october 15.
october 15 date of record.
october 31 pays the cash dividend declared on october 1.
required:
record each of these transactions.( omit account numbers and descriptions)
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Italian stallion has the following transactions during the year related to stockholders' equity
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