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Instructions x On May 27, Hydro Clothing Inc. reacquired 21,700 shares of its common stock at $32 per share. On August 3, Hydro Clothing sold
Instructions x On May 27, Hydro Clothing Inc. reacquired 21,700 shares of its common stock at $32 per share. On August 3, Hydro Clothing sold 11,400 of the reacquired shares at $41 per share. On November 14, Hydro Clothing sold the remaining shares at $27 per share. Journalize the transactions of May 27, August 3, and November 14. Refer to the Chart of Accounts for exact wording of account titles. DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY 1 2 3 4 5 6 7 8
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