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Current Attempt in Progress Grouper Inc. has outstanding 14,500 shares of $10 par value common stock. On July 1, 2017, Grouper reacquired 112 shares
Current Attempt in Progress Grouper Inc. has outstanding 14,500 shares of $10 par value common stock. On July 1, 2017, Grouper reacquired 112 shares at $88 per share. On September 1, Grouper reissued 65 shares at $94 per share. On November 1, Grouper reissued 47 shares at $86 per share. Prepare Grouper'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 O for the amounts) Date Account Titles and Explanation 11/1/17 Debit Credit
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