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I need help with 5 quesions NOTE: please open attachments for questions details.Q-1- On March 4 of the current year BB Inc. reacquired 5000 shares of its common stock at $89 per share. On August 7 BB sold 3500 of the reacquired shares at $100 per share. The remaining 1500 shares were sold at $88 per share on November 29.Journalize the transactions of March 4 August 7 and November 29.Q2- On February 1 MA Company reacquired 7500 shares of its common stock at $30 per share. On March 15 Marine sold 4500 of the reacquired shares at $34 per share. On June 2 MA sold the remaining shares at $28 per share.Journalize the transactions of February 1 March 15 and June 2.Q-3 On January 1 2010 YG Company obtained an $88000 seven year 5% installment note from FF Bank. The note requires annual payments of $15208 with the first payment occurring on the last day of the fiscal year. The first payment consists of $4400 interest and principal repayment of $10808.Journalize the following entries:Q-4 Prepare the journal entries for the following transactions for BC company.A) BC company. purchased 1200 shares of the total of 100000 outstanding shares of MT Corp. stock for $20.75 per share plus a $70 commission.Q-5 MG Inc. reported net income for the year ending December 31 2012 of $483500. Dividends paid during the year totaled $42900. The company holds available-for-sale securities with an original cost of $162000 and a fair value of $171000 at the end of the year. They also hold trading securities with an original cost of $150000 and a fair value of $147000. Retained Earnings on January 1 2012 was $736400 and Accumulated Other Comprehensive Income on January 1 2012 was $16200.
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