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On January 1, Year 1, a Company Had the Following

Question 188

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On January 1, Year 1, a company had the following transactions:​Issued 10,000 shares of $2 par common stock for $12 per share.Issued 3,000 shares of $50 par, 6% cumulative preferred stock for $70 per share.Purchased 1,000 shares of previously issued common stock for $15 per share.​The company had the following dividend information available:​​ On January 1, Year 1, a company had the following transactions:​Issued 10,000 shares of $2 par common stock for $12 per share.Issued 3,000 shares of $50 par, 6% cumulative preferred stock for $70 per share.Purchased 1,000 shares of previously issued common stock for $15 per share.​The company had the following dividend information available:​​   Using the following format, fill in the correct values for each year:​  Using the following format, fill in the correct values for each year:​ On January 1, Year 1, a company had the following transactions:​Issued 10,000 shares of $2 par common stock for $12 per share.Issued 3,000 shares of $50 par, 6% cumulative preferred stock for $70 per share.Purchased 1,000 shares of previously issued common stock for $15 per share.​The company had the following dividend information available:​​   Using the following format, fill in the correct values for each year:​

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