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Question 16 of 24 View Policies > < -/1 Current Attempt in Progress Monty Corporation purchased from its stockholders 5,100 shares of its own

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Question 16 of 24 View Policies > < -/1 Current Attempt in Progress Monty Corporation purchased from its stockholders 5,100 shares of its own previously issued stock for $260,100. It later resold 2,040 shares for $54 per share, then 2,040 more shares for $49 per share, and finally 1,020 shares for $43 per share. Prepare journal entries for the purchase of the treasury stock and the three sales of treasury stock. (List all debit entries before cre entries. Credit account titles are automatically indented when amount is entered. Do not Indent manually.) Account Titles and Explanation (To record purchase from stockholders.) Debit Credit

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