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During the year the following selected transactions affecting stockholders' equity occurred for Orlando Corporation: b. Apr. 1 Repurchased 350 shares of the company's own common
During the year the following selected transactions affecting stockholders' equity occurred for Orlando Corporation: b. Apr. 1 Repurchased 350 shares of the company's own common stock at 21 cash per share. Jun, 14 Sold 90 of the shares purchased on April 1 for $26 cash per share. Sept. 1 Sold 80 of the shares purchased on April 1 for $16 cash per share. Required: 1. Prepare journal entries for each of the above transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Repurchased 350 shares of the company's own common stock at $21 cash per share. Note: Enter debits before credits. Transaction General Journal Debit Credit a Record entry Clear entry View aeneral Inurnal During the year the following selected transactions affecting stockholders' equity occurred for Orlando Corporation: Apr 1 Repurchased 350 shares of the company's own common stock at $21 cash per share. b. Jun. 14 Sold 90 of the shares purchased on April 1 for $26 cash per share. C. Sept. 1 Sold 80 of the shares purchased on April 1 for $16 cash per share. Required: 1. Prepare journal entries for each of the above transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Sold 90 of the shares purchased on April 1 for $26 cash per share. Note: Enter debits before credits. Transaction General Journal Debit Credit b ordent Winnerlombol Journal entry worksheet 1 2 3 > Sold 80 of the shares purchased on April 1 for $16 cash per share. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal
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