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Entries for treasury stock Instructions Chart of Accounts Journal Instructions On May 27, Hydro Clothing Inc. reacquired 24,300 shares of its common stock at $31
Entries for treasury stock Instructions Chart of Accounts Journal Instructions On May 27, Hydro Clothing Inc. reacquired 24,300 shares of its common stock at $31 per share. On August 3, Hydro Clothing sold 14,900 of the reacquired shares at S41 per share. On November 14, Hydro Clothing sold the remaining shares at $29 per share. Journalize the transactions of May 27, August 3, and November 14. Refer to the Chart of Accounts for exact wording of account titles Journal Journalize the transactions of May 27, August 3, and November 14. Refer to the Chart of Accounts for exact wording of account titles. PAGE 10 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY 1 2 3 4
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