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Paris Corporation provides travel planning services for large corporations across the world. On January 23, 2019, CHOOL Paris Corporation repurchases 275,000 shares of its outstanding

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Paris Corporation provides travel planning services for large corporations across the world. On January 23, 2019, CHOOL Paris Corporation repurchases 275,000 shares of its outstanding common stock for $12 per share. On May 19, 2019, Paris sells 100,500 shares of treasury stock for $8 per share. On November 1, 2019, Paris sells 60,000 shares of its treasury stock for $27 per share. Required: 1. Prepare the necessary journal entries to record these transactions. 2019 Jan. 23 ech.pptx May 19 000 O DOL beech ces.docx Accounting numeric field Nov. 1 INAL NAL.docx 2. Conceptual Connection: How will these transactions affect Paris's 2019 income statement? Il Problem The income statement is by treasury stock transactions because the income statement Check My Work 5 more Check My Work uses remaining. Next ms Email Instructor Save and Exit Submit Assignment for Grading DV 17 A X P WE MacBook Pro 886 & O delete 5 6 P T U G H J K B N M option

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