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On January 1, 2020, the stockholders' equity section of Concord Corporation shows common stock (36 par value) $1,800,000 paid in capital in excess of
On January 1, 2020, the stockholders' equity section of Concord Corporation shows common stock (36 par value) $1,800,000 paid in capital in excess of por $1.070,000 and retained earnings $1.220.000. During the year, the folowing treasury stack transactions occurred Mar July 1 Sept 1 (a) Purchased 51,000 shares for cash at $15 per share Sold 10.500 treasury shares for cash at $17 per share Sold 9.000 treasury shares for cash at $14 per share Your answer is correct Journalize the treasury stock transactions Record joumd entries the automatically Indented when amount is entemd. Do not indent a ste Account Titles and Explanation Tretry Stack cash Myt Cash Paid Capital from rury Sk Sept 1 V CAT eTextbook and Media List of Accounts Restate the entry for September 1 Date Account Titles and Explanation Textbook and Med in the problems Credit account titles are Debit 765000 178500 126000 1000 Credit Attempts 2 of 3 used were sold at $11 per share (Credit accounts are automatically Debit Credit
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