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how to do this Exam 2 (ch.lb and 18) 4-18-20 i Help Save & Exit In 2021, Southwestern Corporation completed the treasury stock transactions listed
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Exam 2 (ch.lb and 18) 4-18-20 i Help Save & Exit In 2021, Southwestern Corporation completed the treasury stock transactions listed below. February March May 2: Reacquired 79,000 shares at $12.90. 17: Sold 29,000 shares at $14.45 17: Sold 34,000 shares at $8.45. Southwestern had issued 100,000 shares of its $1 par common stock for $10 several months ago points 8 01:48:53 Required: Prepare the journal entries to record the above transactions, using the cost method. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet 2 3 Reacquired 79,000 shares at $12.9. Note: Enter debits before credits transaction/event, select "No journal entry required" in the first account field.) 12 View transaction list Journal entry worksheet points Step by Step Solution
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