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During 2011, TekTel Inc. sold 300 shares of treasury stock at $20 per share. The treasury stock was repurchased in the prior year for $12

During 2011, TekTel Inc. sold 300 shares of treasury stock at $20 per share. The treasury stock was repurchased in the prior year for $12 per share.

Record the journal entry for the sale of the treasury stock.

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