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During the year the following selected transactions affecting stockholders' equity occurred for Orlando Corporation: Repurchased 310 shares of the company's own common stock at $21
During the year the following selected transactions affecting stockholders' equity occurred for Orlando Corporation: Repurchased 310 shares of the company's own common stock at $21 cash per share. Sold 70 shares of the shares purchased on April 1 for $26 cash per share Sold 60 shares of the shares purchased on April 1 for $16 cash per share. Apr. 1 Jun. 14 Sept. 1 a. b. c. 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.)
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