Present entries to record the following transactions: 
Definitions:
Total Assets
The total value of everything a company owns, encompassing cash, stocks, real estate, and machinery.
Common Stockholders
Investors who own shares of common stock in a company, granting them voting rights and a share in the company's profits through dividends.
Operating Expenses
Costs associated with the day-to-day operations of a business, excluding costs directly linked to the production of goods or services.
Gross Profit Rate
A profitability ratio that indicates how well net sales cover administrative and selling expenses.
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