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Record the following journal entries for the Alexander Corporation: Purchased 2,000 shares of its own $50 par value for $90 per share Sold 1000 of
Record the following journal entries for the Alexander Corporation:
Purchased 2,000 shares of its own $50 par value for $90 per share
Sold 1000 of those shares for $105 per share
Sold 650 shares for $80 per share
Retired the remaining shares purchased. The original selling price was $53 per share.
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