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Cornerstone Exercise 10-28 (Algorithmic) Accounting for Treasury Stock On February 1, 2019, Wild Bill Corporation repurchases 360 shares of its outstanding common stock for $9

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Cornerstone Exercise 10-28 (Algorithmic) Accounting for Treasury Stock On February 1, 2019, Wild Bill Corporation repurchases 360 shares of its outstanding common stock for $9 per share. On March 1, 2019, Wild Bil sells 250 shares of treasury stock for $12 per share. On May 10, 2019, Wild Bill sells the remaining 610 shares of its treasury stock for 56 per share Required: Prepare the journal entries to record these transactions 2019 Feb 1 (Record purchase of treasury shares) Mar. 1 boll 0 110. Il (Record reissue of treasury shares) May 10 (Record reissue of treasury shares) Previous Check My Work more Check My Work uses remaining

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