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Business, 18.06.2021 03:10 moneymaleia9264

CDE Corporation is authorized to issue 300,000 shares of $1 par value common stock. During 2020, CDE Corporation took part in the following selected transactions. 1. Issued 50,000 shares of stock at $70 per share. Issuance costs of $50,000 were erroneously recorded to legal expense.
2. Issued 10,000 shares of stock for land appraised at $600,000. The stock was actively traded on a public stock exchange at approximately $61 per share on the date of issuance.
3. Purchased 6,000 shares of treasury stock at $74 per share. The treasury shares purchased were originally issued in 2018 at $46 per share.

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CDE Corporation is authorized to issue 300,000 shares of $1 par value common stock. During 2020, CDE...
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