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4 pls help!!! Elroy Corporation repurchased 2,700 shares of its own stock for $50 per share. The stock has a par of $10 per share.
4 pls help!!! 
Elroy Corporation repurchased 2,700 shares of its own stock for $50 per share. The stock has a par of $10 per share. A month later, Elroy resold 675 shares of the treasury stock for $58 per share. Required a. Record the two events in general journal format. b. What is the balance of the treasury stock account after these transactions Step by Step Solution
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Accounting and auditing research tools and strategies
Authors: Thomas Weirich, Thomas Pearson, Natalie Tatiana
8th edition
9781118806487, 1118027078, 1118806484, 978-1118027073
