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Accounting for Treasury Stock treasury stock during the year were sold for $ 1 0 per share. On December 3 1 , Portland had no

Accounting for Treasury Stock treasury stock during the year were sold for $

10

per share. On December

31,

Portland had no remaining treasury stock.

Required:

Prepare the necessary journal entries to record any transactions associated with treasury stock. If an amount box does not require an entry, leave it blank.

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