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On June 30, 2018, MetroMedia, Inc., purchased 27,000 shares of Mitek's 900,000 outstanding shares of stock for $23 per share. The following information pertains to

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On June 30, 2018, MetroMedia, Inc., purchased 27,000 shares of Mitek's 900,000 outstanding shares of stock for $23 per share. The following information pertains to the fair value of Mitek stock 12/31/2010 12/31/2019 Per Share 525 30 Bok wit Required: Prepare the journal entries required on each date given. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction lit Journal entry worksheet

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