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Entries for Treasury Stock On March 8, Let Loose Inc. reacquired 6,900 shares of its common stock at $28 per share. On May 16, Let
Entries for Treasury Stock On March 8, Let Loose Inc. reacquired 6,900 shares of its common stock at $28 per share. On May 16, Let Loose sold 2,800 of the reacquired shares at $31 per share. On August 30, Let Loose sold the remaining shares at $26 per share.
Journalize the transactions of March 8, May 16, and August 30. For a compound transaction, if an amount box does not require an entry, leave it blank.
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