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On 1 January 201, Grey Corp. issued 394,000 no-par common shares at $4.95 per share. In 205, there were treasury stock transactions. On 15 January

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On 1 January 201, Grey Corp. issued 394,000 no-par common shares at $4.95 per share. In 205, there were treasury stock transactions. On 15 January 205, the company purchased 4,200 of its own common shares at $4.90 per share to be held as treasury stock. On 1 March, 750 of the treasury shares were resold at $6.40. On 15 March, 500 shares were purchased for $3.32. On 31 March, 850 of the treasury shares were sold for $3.65. The remaining shares were cancelled and retired on 1 June. The balance in retained earnings was $981,500 prior to these transactions. Required: 1. Provide all 205 entries. (Do not round intermediate calculations and round your final answers to the nearest whole dollar. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Record purchase of 4,200 common shares as treasury stock at $4.90 per share. Note: Enter debits before credits. Record sale of 750 shares of treasury stock at $6.40 per share. Note: Enter debits before credits. Record purchase of 500 common shares of treasury stock at $3.32 per share. Note: Enter debits before credits. Record sale of 850 shares of treasury stock at $3.65 per share. Note: Enter debits before credits. Record retirement of remaining shares. Note: Enter debits before credits. 2. Calculate the resulting balance in each of the shareholders' equity accounts. (Do not round intermediate calculations and round your final answers to the nearest whole dollar.)

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