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Journalize the following transactions that Vertical Corp. conducted during 2020: Feb. 7 Issued 17,000 common shares at $22.00 per share. Apr. 8 Repurchased 2,300 common
Journalize the following transactions that Vertical Corp. conducted during 2020: Feb. 7 Issued 17,000 common shares at $22.00 per share. Apr. 8 Repurchased 2,300 common shares at $20.00 per share. The average issue price of these shares was $23.00 Jun. 2 Repurchased 1,800 common shares at $27.00 per share. The average issue price of the shares was $23.00 Feb. 19. Issued 17,000 common shares at $22.00 per share. (Record debits first, then credits. Explanations are not required.) Journal Entry Date Accounts Debit Credit Feb
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