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Prepare journal entries for the following treasury stock transaction. 2/15/2015Purchased 48,000 shares for cash at $13.50 per share. Date Account Debit Credit 2/15/2015Treasury Stock Cash

Prepare journal entries for the following treasury stock transaction.

2/15/2015Purchased 48,000 shares for cash at $13.50 per share.

Date Account Debit Credit

2/15/2015Treasury Stock

Cash

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