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Business, 16.07.2021 04:30 anrs14

Williamson Corporation was organized to operate a tax preparation business. The charter authorized the following stock: common stock, $2 par value, 80,000 shares authorized. During the first year, the following selected transactions were completed:a. Sold 50,000 shares of common stock for cash at $50 per share. b. Repurchased 2,000 shares from a stockholder for cash at $52 per share.

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