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Record the journal entries for the following transactions. (A) Michael Company issues 25,000 shares of its $6 par common stock for $15 per share. (B)

Record the journal entries for the following transactions. (A) Michael Company issues 25,000 shares of its $6 par common stock for $15 per share. (B) Michael Company purchases back 15,000 shares of it's common stock for $5 per share. (C) Michael Company resells 5,000 of it's treasury shares for $12 per share.

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