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On April 2 a corporation purchased for cash 7,000 shares of its own $10 par common stock at $28 a share. It sold 4,000 of

On April 2 a corporation purchased for cash 7,000 shares of its own $10 par common stock at $28 a share. It sold 4,000 of the treasury shares at $31 a share on June 10. The remaining 3,000 shares were sold on November 10 for $24 a share.

a. Journalize the entries to record the purchase (treasury stock is recorded at cost). If an amount box does not require an entry, leave it blank

Apr. 2 fill in the blank 3e1f9ffe6046fae_2 fill in the blank 3e1f9ffe6046fae_3
fill in the blank 3e1f9ffe6046fae_5 fill in the blank 3e1f9ffe6046fae_6

b. Journalize the entries to record the sale of the stock. If an amount box does not require an entry, leave it blank.

Jun. 10 fill in the blank 688e2e057f8afba_2 fill in the blank 688e2e057f8afba_3
fill in the blank 688e2e057f8afba_5 fill in the blank 688e2e057f8afba_6
fill in the blank 688e2e057f8afba_8 fill in the blank 688e2e057f8afba_9
Nov. 10 fill in the blank 688e2e057f8afba_11 fill in the blank 688e2e057f8afba_12
fill in the blank 688e2e057f8afba_14 fill in the blank 688e2e057f8afba_15
fill in the blank 688e2e057f8afba_17 fill in the blank 688e2e057f8afba_18

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