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Big Container Corporation began operations in early 2017 and had the following equity-related transactions: Transaction A: Issued 200,000 shares common stock for $10 per
Big Container Corporation began operations in early 2017 and had the following equity-related transactions: Transaction A: Issued 200,000 shares common stock for $10 per share. The par value is $3 per share. Transaction B: Purchased 20,000 common shares for treasury at $12 per share. Transaction C Sold 10,000 treasury shares at $15 per share. Transaction D: Sold 5,000 treasury shares at $10 per share. Required: Prepare the journal entries to record the above stock transactions. Account Titles Debit Credit
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