Question
Journalize the entries to record the following transactions for Wilderness Resorts Inc. Refer to the Chart of Accounts for exact wording of account titles. -Jan
Journalize the entries to record the following transactions for Wilderness Resorts Inc. Refer to the Chart of Accounts for exact wording of account titles.
-Jan 31. Reaquired 23,600 shares of its common stock at $31 per share.
-Apr. 20 Sold 14,100 of the reacquired shares at $39 per share.
-Oct. 4 Sold the remaining shares at $27 per share.
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Journalize the entries for the transactions. Refer to the Chart of Accounts for exact wording of account titles.
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JOURNAL
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Solution
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