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Entries forTreasury Stock On May 27, Buzz Off Inc. reacquired 75,000 shares of itscommon stockat $9 per share. On August 3, Buzz Off sold 51,000
Entries forTreasury Stock
On May 27, Buzz Off Inc. reacquired 75,000 shares of itscommon stockat $9 per share. On August 3, Buzz Off sold 51,000 of the reacquired shares at $12 per share. On November 14, Buzz Off sold the remaining shares at $7 per share.
Journalize the transactions of May 27, August 3, and November 14. If an amount box does not require an entry, leave it blank.
May 27
Aug. 3
Nov. 14
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