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Record the following transactions by the cost method. (a) Bought 10,000 shares its common stock at $60 a share. (b) Sold 2,000 treasury shares at

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Record the following transactions by the cost method. (a) Bought 10,000 shares its common stock at $60 a share. (b) Sold 2,000 treasury shares at $62 a share. (c) Sold 4,000 shares of treasury stock at $40 a share

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