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Question 9 (Mandatory) (10 points) Listen On August 10, Bluesky Inc reacquired 8000 shares of its $100 par value common stock at $ 134. The

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Question 9 (Mandatory) (10 points) Listen On August 10, Bluesky Inc reacquired 8000 shares of its $100 par value common stock at $ 134. The stock was originally issued at $ 110. The shares were resold on November 21 at $ 145. Provide the entries using par value method of accounting for treasury stock. I will manually correct 1 Question 10 (Mandatory) (10 points) 1) Listen On August 10, Bushmills Corporation reacquired 2000 shares of its $ 50 par value common stock at $ 70. The stock was originally issued at $ 60. 1000 shares were resold for $ 75 on September 10 and the remaining 1000 retired on November 30. Provide the entries for the resale of 1000 of the treasury stock reacquired and the retirement of the remaining stock using cost method. AJ

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