Premierline, Inc. reported the following shareholders' equity section as of the beginning of the current year...

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Premierline, Inc. reported the following shareholders equity section as of the beginning of the current year (Click the icon

3. Purchased 230,000 shares of common stock at $36 per share. Account Current Year 4a. Declared a 5327,000 dividend for the f

$ Stockholders Equity Contributed Capital: Common Stock, $1 par value, 3,825,000 authorized and 850,000 shares issued, and 8

business accounting

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Answer 1

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Credit Debit $ 6,650,000 1 Accounts Title Cash (200,000*$35*95%) Common stock (200,000*$1) APIC in excess of par-Common stock

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