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On July 1. Splish Brothers Inc, purchases 580 shares of its 55 par value common stock for the treasury at a cash price of $10

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On July 1. Splish Brothers Inc, purchases 580 shares of its 55 par value common stock for the treasury at a cash price of $10 per share Journalize the treasury stock transaction. Credit account titles are automatically indented when amount amounts entered. Do not indent manually. If no entry is required, select "No Entry for the account tities and enter for the Account Titles and Explanation Debit

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