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Prepare the journal entries for Curtis Corporation's: Curtis Corporation's balance sheet included the following: Common Stock, $5 par value, 5,000 shares issued and outstanding $25,000
Prepare the journal entries for Curtis Corporation's: Curtis Corporation's balance sheet included the following: Common Stock, $5 par value, 5,000 shares issued and outstanding $25,000 Retained Earnings 20,000 Total Stockholders' Equity $45,000 Prepare journal entries for the following transactions: May 3 Issued 500 shares at $6 per share. 9 Reacquired 100 shares at $4 per share. 15 Reissued 50 of the Treasury shares at $7 per share. 17 Reissued 10 of the Treasury shares at $3 per share
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