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Included in the December 31, 2012, Jacobi Company balance sheet was the following shareholders' equity section:

1371_p_16-15-1_q.png

The company engaged in the following stock transactions during 2013:

1603_p_16-15-2_q.png

Required:

1.Prepare the JE's for each date.

2. Prepare the December 31, 2013, shareholders equity section (assume 2013 net income was $270,000) 

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91729373

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