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Remaining me: 1 hour, 39 minutes, 20 seconds, Question Completion Status: L A Moving to another question will save this response. Question 2 of 15 Question 2 45 points (4.5 Grades) On January 1, 2021, the stockholders' equity section of Seef Inc. was as follows: Common stock (510 par value) $400,000, paid in (contributed) capital in excess of par value $200,000 and retained earrings $150,000. During the year the following treasury stock transactions occurred March 5. Purchased 6,000 shares for cash at S18 per share April 25. Sold 4,000 treasury shares for cash at $10 per share June 25: Sold 2,000 treasury shares for cash at S11 per share Required: Prepare journal entries to record the above treasury stock transactions CLEARLY INDICATE THE DEBITS & CREDITS Example XYZ Company pays $15,000 cash to purchase and Answ Dr Land 15 000 C Carch 15,000 For the toolbar, press ALT 10 PC or ALTOFN410 IMOC 1 y s Paragraph Asal 1001 E B A2 ZX6

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