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Indigo Inc. has outstanding 1 3 , 6 0 0 shares of $ 1 0 par value common stock. On July 1 , 2 0
Indigo Inc. has outstanding shares of $ par value common stock. On July Indigo reacquired shares at $ per
share. On September Indigo reissued shares at $ per share. On November Indigo reissued shares at $ per share.
Prepare Indigo's journal entries to record these transactions using the cost method.
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