Journalize the following transactions that Flip Corp. conducted during 2020: Feb. 7 Issued 10,000 common shares at

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Journalize the following transactions that Flip Corp. conducted during 2020:

Feb. 7 Issued 10,000 common shares at $15.00 per share.

Apr. 8 Repurchased 2,500 common shares at $13.00 per share. The average issue price of the shares was $14.00.

Jun. 2 Repurchased 2,000 common shares at $18.00 per share. The average issue price of the shares was $14.00.

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Horngrens Accounting

ISBN: 9780135359785

11th Canadian Edition Volume 2

Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann Johnston, Peter R. Norwood

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