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California Surf Clothing Company issues 1 , 0 0 0 shares of $ 1 par value common stock at $ 2 9 per share. Later
California Surf Clothing Company issues shares of $ par value common stock at $ per share. Later in the year, the company decides to purchase shares at a cost of $ per share.
Record the transaction if California Surf resells the shares of treasury stock at $ per share.
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