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On January 1 , 2 0 2 7 , the stockholders' equity section of Bridgeport Corporation shows common stock ( $ 6 par value )
On January the stockholders' equity section of Bridgeport Corporation shows common stock $ par value $; paidin capital in excess of par $; and retained earnings $ During the year, the following treasury stock transactions occurred.
Mar. Purchased shares for cash at $ per share.
July Sold treasury shares for cash at $ per share.
Sept. Sold treasury shares for cash at $ per share.
a
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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.
Date
Account Titles and Explanation
Debit
Credit
Mar.
Treasury Stock
Cash
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.
tableDateAccount Titles and ExplanationMar Treasury Stock,
Debit
Credit
Cash
Cash
Paidin Capital from Treasury Stock
Treasury Stock
Attempts: of usedb
Restate the entry for September assuming the treasury shares were sold at $ per share. List all debit er entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.
Date
Account Titles and Explanation
Debit
Credit using these exact numbers solve
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