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7. On January 3, Halsall Corporation purchased 1,800 shares of the company's $1 par value common stock as treasury stock, paying cash of $7 per

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7. On January 3, Halsall Corporation purchased 1,800 shares of the company's $1 par value common stock as treasury stock, paying cash of $7 per share. On January 30, Halsall sold 1,100 shares of the treasury stock for cash of $8 per share Journalize these transactions. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Journalize the purchase of the treasury stock Date Accounts and Explanation Credit Debit Jan. 3 Journalize the sale of treasury stock shares. Date Accounts and Explanation Debit Credit Jan 30 Choose from any list or enter any number In the input flelds and then continue to the next

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