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Brief Exercise 15-9 Marin Corporation has outstanding 19,000 shares of $5 par value common stock. On August 1, 2017, Marin reacquired 190 shares at $78
Brief Exercise 15-9 Marin Corporation has outstanding 19,000 shares of $5 par value common stock. On August 1, 2017, Marin reacquired 190 shares at $78 per share. On November 1, Marin reissued the 190 shares at $69 per share. Marin had no previous treasury stock transactions Prepare Marin's journal entries to record these transactions using the cost method. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit 8/1/17 11/1/17 Click if you would like to Show Work for this question: een Show Work
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