+ Question 1 of 19. On January 1, 2020, Agassi Corporation had the following stockholders equity accounts. Common Stock
Posted: Tue Jul 05, 2022 1:35 pm
Question 1 of 19. On January 1, 2020, Agassi Corporation had the following stockholders equity accounts. Common Stock ($10 par value, 65,000 shares issued and outstanding) Paid-in Capital in Excess of Par-Common Stock Retained Earnings During 2020, the following transactions occurred. Jan 15 Apr 15 May 15 Nov 15 Dec. 31 (a1) $650,000 501.000 617.000 Declared and paid a $1.05 cash dividend per share to stockholders Declared and paid a 10% stock dividend. The market price of the stock was $14 per share Reacquired 1.800 common shares at a market price of $15 per share Reissued 900 shares held in treasury at a price of $18 per share Determined that net income for the year was $379,000 -/201 Journalize the above transactions (include entries to close net income to Retained Earnings) (Credit occount titles are automatically 24 S
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