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On January 10, 2019, General Design Services purchased treasury stock at a cost of $29 million. On July 3, 2019, General resold some of the

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On January 10, 2019, General Design Services purchased treasury stock at a cost of $29 million. On July 3, 2019, General resold some of the treasury stock for $10 million; this resold treasury stock had cost the company $1 million Record the purchase and resale of General's treasury stock. Overall, how much did stockholders' equity increase or decrease as a result of the two treasury-stock transactions? Record the purchase and resale of General's treasury stock. (Record debits first, then credits. Exclude explanations from any journal entries. Enter amounts in millions as provided to you in the problem staternent) First, record the purchase of the treasury stock Journal Entry Debit Date Accounts Credit Millions Jan 10 Next, record the resale of the treasury stock Journal Entry Credit Date Accounts Debit Millions Jul 3 Overall, how much did stockholders' equity increase or decrease as a result of the two treasury-stock transactions? milion. Overall stockholders equily by $ Choose from any list or enter any number in the input fields and then continue to the next question On January 10, 2019, General Design Services purchased treasury stock at a cost of $29 million. On July 3, 2019, General resold some of the treasury stock for $10 million; this resold treasury stock had cost the company $1 million Record the purchase and resale of General's treasury stock. Overall, how much did stockholders equity increase or decrease as a result of the two treasury-stock transactions? Record the purchase and resale of General's treasury stock. (Record debits first, then credits. Exclude explanations from any journal entries. Enter amounts in millions as provided to you in the problem statement) First, record the purchase of the treasury stock. Journal Entry Date Accounts Debit Credit Millions Jan 10 Next, record the resale of the treasury stock Journal Entry Date Accounts Debit Credit Millions Jul 3 Overall, how much did stockholders' equity increase or decrease as a result of the two treasury-stock transactions? Overal stockholders' equity by $ million Choose from any list or enter any number in the input fields and then continue to the next

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