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Marin Company's balance sheet shows: Common stock, $20 par $3,100,000 Paid-in capital in excess of par 1,100,000 Retained earnings 710,000 Record the following transactions
Marin Company's balance sheet shows: Common stock, $20 par $3,100,000 Paid-in capital in excess of par 1,100,000 Retained earnings 710,000 Record the following transactions by the cost method. (Credit account titles are auto Do not indent manually. If no entry is required, select "No Entry" for the account (a) Bought 8,000 shares of its common stock at $28 a share. (b) Sold 4,200 treasury shares at $29 a share. (c) Sold 2,200 shares of treasury stock at $24 a share.
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