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Pina Colada Ltd. purchased from its sharesholders 5,700 shares of its own previously issued shares for 290,700. It later resold 1,825 shares for $54 per
Pina Colada Ltd. purchased from its sharesholders 5,700 shares of its own previously issued shares for 290,700. It later resold 1,825 shares for $54 per share, then 2,000 more shares for $49 per share, and finally 1,875 shares for $43 per share. Prepare journal entries for the purchase of the treasury shares and the three sales of treasury shares. (Credit occount titles ar atamoticaly hidented when amount is entered. Do not indent manuollyed
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