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On May 27, Hydro Clothing Inc. reacquired 21,900 shares of its common stock at $31 per share. On August 3, Hydro Clothing sold 11,300 of

On May 27, Hydro Clothing Inc. reacquired 21,900 shares of its common stock at $31 per share. On August 3, Hydro Clothing sold 11,300 of the reacquired shares at $41 per share. On November 14, Hydro Clothing sold the remaining shares at $27 per share. Journalize the transactions of May 27, August 3, and November 14

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JOURNAL

ACCOUNTING EQUATION

DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY

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