Quiz 9_CH11_Solution

00 per share dec 1 reissued 150 shares of the

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Unformatted text preview: value common stock to investors at $22.50 per share. May 15: Issued 800 shares of $1.25 par value preferred stock at $30.00 per share. Aug 1:   Purchased 1,200 shares of its $0.05 par value common stock as treasury stock, payi...
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