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Prior to June 1 , Sandler Company had no treasury stock transactions. Then, on June 1 , the company paid $5,000 to purchase 100 shares
Prior to June 1 , Sandler Company had no treasury stock transactions. Then, on June 1 , the company paid $5,000 to purchase 100 shares of its common stock on the open market. On July 1 , the company sold 50 of these shares at $52 per share. Then, on August 1 , the company sold the remaining 50 shares Note: Enter debits before credits. Prior to June 1 , Sandler Company had no treasury stock transactions. Then, on June 1 , the company paid $5,000 to purchase 100 shares of its common stock on the open market. On July 1 , the company sold 50 of these shares at $52 per share. Then, on August 1 , the company sold the remaining 50 shares Note: Enter debits before credits
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