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On April 1, Cupcakes Incorporated purchased 8,000 shares of its common stock paying $11 per share. On April 5, Cupcakes Incorporated resold 450 shares of

On April 1, Cupcakes Incorporated purchased 8,000 shares of its common stock paying $11 per share. On April 5, Cupcakes Incorporated resold 450 shares of the treasury stock for $14 per share. Pass all the journal entries.

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