The corporate charter of Novak Corp. allows the issuance of a maximum of 4 100,000...
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The corporate charter of Novak Corp. allows the issuance of a maximum of 4 100,000 shares of Si par value common stock. During its first three years of operation, Matthew issued 2,750,000 shares at $13 per share. It later acquired 71,000 of these shares as treasury stock for $24 per share. Based on the above information, answer the following questions: How many shares were authorized? Authorised shares eTextbook and Media How many shares were issued? Shares issued e Textbook and Media How many shares ars outstanding? Outstanding shares e Textbook and Media What is the balance of the Common Stock account? Balance of the Common Stock accounts e Textbook and Media What is the balance of the Treasury Stock account? Balance of the Treasury Stock accounts
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