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Elroy Corporation repurchased 1,600 shares of its own stock for $35 per share. The stock has a par of $20 per share. A month later.
Elroy Corporation repurchased 1,600 shares of its own stock for $35 per share. The stock has a par of $20 per share. A month later. Elroy resold 400 shares of the treasury stock for $43 per share Required a. Record the two events in general joumal format b. What is the balance of the treasury stock account after these transactions? Complete this question by entering your answers in the tabs below. Record the two events in general joumal format. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) Journal entry worksheet Elroy Corporation repurchased 1,600 shares of its own stock for $35 per share. Record the transaction. Record the two events in goneral joumal format. (If no entry is required for a transaction/event: select "No journal entry required" in the first account field.) Journal entry worksheet Elroy Corporation repurchased 1,600 shares of its own stock for 535 per share. Record the transaction. Nole: Enter debits before crediti. Record the two ovents in general journal format. (If no entry is required for a tranalaction/event, select "No journal entry required" in the first account. Field.) Journal entry worksheet The stock has a par of $20 per share. A month later, Elroy resold 400 shares of the treasury stock for $43 per share. Record the transaction. Notet Enter debits before credits
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