The annual report for Malibu Beachwear reported the following transactions affecting stockholders’

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Question:

The annual report for Malibu Beachwear reported the following transactions affecting stockholders’ equity: a. Purchased $351,300 of common stock now held in treasury.
b. Declared cash dividends in the amount of $260,650.
c. Paid the dividends in (b).
d. Issued 113,000 new shares of $0.10 par value common shares for $2 per share.
e. Closed the Dividends account.
1. Indicate the effect (+ for increase, − for decrease, +/− for increase/decrease) of each of these transactions on total assets, liabilities, and stockholders’ equity.
2. Prepare journal entries to record each of these events.
3. Prepare a statement of stockholders’ equity, assuming the following opening balances.

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convection currents in magma drive plate tectonics. the answer is true.

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The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

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