On January 1st, DEF company has 106,000 shares authorized, 94,000 shares issued and...
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On January 1st, DEF company has 106,000 shares authorized, 94,000 shares issued and 82,000 shares outstanding. On January 1st, DEF declares a dividend of $7 to shareholders of record on January 15th. On February 1st, DEF will pay the dividend. What is the amount of dividends paid on January 15th? Your Answer: Answer Question 4 (4 points) On January 1st, ZYX company purchased 1,400 shares of its own stock at $29 per share. On January 20th, ZYX later reissues or sells 239 shares of treasury stock for $50 per share. What is the amount debited to Treasury stock on January 1st? Your
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