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12 Part 2 of 2 Required Information [The following Information applies to the questions displayed below.] The following selected transactions occurred for Corner Corporation: Feb.
12 Part 2 of 2 Required Information [The following Information applies to the questions displayed below.] The following selected transactions occurred for Corner Corporation: Feb. 1 Purchased 450 shares of the company's own common stock at $25 cash per share; the stock is now held in treasury. July 15 Issued 125 of the shares purchased on February 1 for $35 cash per share. Sept. 1 Issued 85 more of the shares purchased on February 1 for $20 cash per share. 8 points 04:34:49 2. Prepare journal entries for each of the transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) eBook View transaction list Print References 1 k for a Record the purchase of 450 shares of previously issued common stock for a price of $25 per share. 2 Record the re-issuance of 125 shares of treasury stock previously purchased for a price of $25 per share and sold for a price of $35 per share. 3 Record the re-issuance of 85 shares of treasury stock previously purchased for a price of $25 per share and sold for a price of $20 per share. Credit Note : = journal entry has been entered Record entry Clear entry View general journal
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