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On January 1 , 2 0 2 0 , the stockholders' equity section of Bridgeport Corporation shows: Common stock ( $ 5 par value )

On January 1,2020, the stockholders' equity section of Bridgeport Corporation shows: Common stock ( $5 par value) $1,550,000; paid-in capital in excess of par value $41,400; and retained earnings $1,345,000. During the year, the following treasury stock transactions occurred.
Mar. 1 Purchased 39,500 shares for cash at $20 per share.
July 1 Sold 6,900 treasury shares for cash at $26 per share.
Sept. 1 Sold 4,700 treasury shares for cash at $18 per share.
(a)
Journalize the treasury stock transactions. (List all debit entries before credit entries. Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.)
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