A Corporation Had Several Transactions Affecting Its Stockholders' Equity Accounts

question 39

Essay

A corporation had several transactions affecting its stockholders' equity accounts during the year.In the space provided,show the impact on the accounting equation by placing a plus sign (+)for an increase,a minus sign (-)for a decrease,or N/A for no impact or no total net impact.
$\begin{array}{|l|l|l|l|} \hline && & \text { Sbckholders' } \\\hline \text { Transactions: } &\text { Assets = } & \text { Liabilities }+ & \text { Equity } \\\hline \text { Issued 2,000 shares of \$ 2 par common stock for an amount greater than par }& \\\hline \text {Issued 500 shares of \$ 10 par preferred stock for an amount greater then par }& \\ \hline \text {Repurchased 100 shares of common stock for \$ 5 per share }& \\\hline \text { Reissued 50 shares of treasuy stock for \$ 6 per share }& \\\hline \text { Declared a cash dividend }& \\\hline \text { Paid a cash dividend }& \\\hline\end{array}$

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Definitions:

Allegations

Claims or accusations made without proof, often seen in legal contexts before evidence is presented.

Complaint

A formal legal document initiating a lawsuit, detailing the facts and legal reasons the plaintiff believes are sufficient to support a claim against the defendant.

Subject Matter Jurisdiction

Legal authority granted to a court to hear and decide cases of a particular category or pertaining to a specific subject matter.

Jurisdiction

Jurisdiction refers to the official power or authority of a legal body to make decisions and judgments in certain geographical areas or over specific types of legal cases.