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On February 1 6 , Jenna Home Goods, Incorporated ( JHG ) acquired 1 4 , 0 0 0 shares of its own shares at
On February Jenna Home Goods, Incorporated JHG acquired shares of its own shares at a cost of $ per share. On April JHG sold of the shares of its treasury stock for $ per share. On June JHG sold the remaining shares of treasury stock for $ per share. What are the necessary journal entries to record these transactions?
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To record these transactions in the accounting journal you would make the following entries 1 Februa...
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475
