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Check my work Check My Work button is now enabled3Item 4 Item 4 Part 1 of 2 1.66 points Time Remaining 2 hours 18 minutes
Check my work Check My Work button is now enabled3Item 4 Item 4 Part 1 of 2 1.66 points Time Remaining 2 hours 18 minutes 02:18:00 Required information E11-8 Recording Treasury Stock Transactions and Analyzing Their Impact [LO 11-2, LO 11-3] [The following information applies to the questions displayed below.] The following selected transactions occurred for Corner Corporation: Feb. 1 Purchased 430 shares of the companys own common stock at $23 cash per share; the stock is now held in treasury. July 15 Issued 115 of the shares purchased on February 1 for $33 cash per share. Sept. 1 Issued 75 more of the shares purchased on February 1 for $18 cash per share. E11-8 Part 2 Prepare journal entries for each of the transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)
Journal entry worksheet Record the purchase of 430 shares of previously issued common stock for a price of $23 per share. Note: Enter debits before credits. Date General Journal Debit Credit Feb. 1 Record entry Clear entry View general journalStep by Step Solution
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