Boris' Dollar Store Inc. repurchased 1,000 common shares paying cash of $12.00 per share on April 16,

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Boris' Dollar Store Inc. repurchased 1,000 common shares paying cash of $12.00 per share on April 16, 2014. The shares were originally issued for $5.00 per share.
Journalize the transaction. An explanation is not required.

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Accounting

ISBN: 978-0132690089

9th Canadian Edition volume 2

Authors: Charles T. Horngren, Walter T. Harrison Jr., Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood

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Question Posted: Dec 21, 2016 10:24 AM

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Boris' Dollar Store Inc. repurchased 1,000 common shares paying cash of $12.00 per share on April 16,

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