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Use the Following Consolidated Statement of Stockholders' Equity to Show

Question 40

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Use the following consolidated statement of stockholders' equity to show the summary transactions by preparing an entry in journal form with explanation for each item A through C.
Use the following consolidated statement of stockholders' equity to show the summary transactions by preparing an entry in journal form with explanation for each item A through C.    A. Pay cash dividends (item 7) B. Issue common stock (item 5) C. Purchase treasury shares (item 3) A. Pay cash dividends (item 7)
B. Issue common stock (item 5)
C. Purchase treasury shares (item 3)

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