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25. On January 3, Pippin Corporation purchased 1,900 shares of the company's $7 par value common stock as treasury stock, paying cash of $8 per
25. On January 3, Pippin Corporation purchased 1,900 shares of the company's $7 par value common stock as treasury stock, paying cash of $8 per share. On January 30, Pippin sold 1,300 shares of the treasury stock for cash of $15 per share. Journalize these transactions.
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