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Help with journal 3 and 4 please! thank you Required information [The following information applies to the questions displayed below.] Global Marine obtained a charter

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Required information [The following information applies to the questions displayed below.] Global Marine obtained a charter from the state in January that authorized 1,000,000 shares of common stock, $5 par value. During the first year, the company earned $370,000 of net income and declared no dividends; the following selected transactions occurred in the order given: a. Issued 110,000 shares of the common stock at $52 cash per share. b. Reacquired 22,000 shares at $47 cash per share. c. Reissued 8,500 shares from treasury for $48 per share. d. Reissued 8,500 shares from treasury for $46 per share. Journal entry worksheet 1 Record the re-issuance of 8,500 shares of treasury stock previously purchased for a price of $47 per share and sold for $48 per share. Note: Enter debits before credits. Journal entry worksheet Record the re-issuance of 8,500 shares of treasury stock previously purchased for $47 per share and sold for $46 per share. Note: Enter debits before credits

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