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on July 1 Novak corporation purchases 570 shares of its five dollar par value comment stock for the treasury at a cash price of eight

on July 1 Novak corporation purchases 570 shares of its five dollar par value comment stock for the treasury at a cash price of eight dollars per share on September 1. It sells 320 shares of the treasury stock for cash at $11 per share journalize the two treasury stock transactions.

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