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Cullumber Company had these transactions during the current period:

June 12 Issued 80,500 shares of $1 par value common stock for cash of $301,875.
July 11 Issued 3,200 shares of $100 par value preferred stock for cash at $106 per share.
Nov. 28 Purchased 2,950 shares of treasury stock for $10,000.
Prepare a tabular summary to record the Cullumber Company transactions, indicating their impact on the accounting equation.

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Answer:

to be honest I'm not sure

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