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Information taken from Nanotec Security Inc.'s January 31, 2023, balance sheet follows: Common shares, 600,000 shares authorized, 52,000 shares issued and outstanding Retained earnings On
Information taken from Nanotec Security Inc.'s January 31, 2023, balance sheet follows: Common shares, 600,000 shares authorized, 52,000 shares issued and outstanding Retained earnings On February 1, 2023, the company repurchased and retired 1,500 common shares (the first retirement the company has recorded). Required: Prepare General Journal entries to record the repurchase and retirement under each of the following independent assumptions. The shares were repurchased for: a. $10.00 per share b. $12.50 per share c. $15.00 per share Proy $650,000 84,850 10 10 O t + 
Information taken from Nanotec Security Inc's January 31, 2023, balance sheet follows: On February 1, 2023, the company repurchased and retired 1,500 common shares (the first retirement the company has recorded). Required: Prepare General Journal entries to record the repurchase and retirement under each of the following independent assumptions. The shares were repurchased for: a. $10,00 per share b. $12.50 per share c. $15.00 per share
Information taken from Nanotec Security Inc.'s January 31, 2023, balance sheet follows: Common shares, 600,000 shares authorized, 52,000 shares issued and outstanding Retained earnings On February 1, 2023, the company repurchased and retired 1,500 common shares (the first retirement the company has recorded). Required: Prepare General Journal entries to record the repurchase and retirement under each of the following independent assumptions. The shares were repurchased for: a. $10.00 per share b. $12.50 per share c. $15.00 per share Proy $650,000 84,850 10 10 O t +
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