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On February 1, Lucy Company purchased 10,000 shares of its own stock for $6 per share. On March 15, Lucy sold 1000 shares of its
On February 1, Lucy Company purchased 10,000 shares of its own stock for $6 per share. On March 15, Lucy sold 1000 shares of its treasury stock for $4 per share. Journalize the purchase of the treasury stock and the sale of the treasury stock. ***The PIC Treasury stock has a $2,000 credit balance
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