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Required information E 1 1 - 8 ( Static ) Recording Treasury Stock Transactions and Analyzing Their Impact [ LO 1 1 - 2 ,
Required information
EStatic Recording Treasury Stock Transactions and Analyzing Their Impact LO LO
The following information applies to the questions displayed below.
The following selected transactions occurred for Corner Corporation:
February Purchased shares of the company's own common stock at $ cash per share; the stock is now held in treasury.
July Issued September Issued Static Part
EStatic Part
Prepare journal entries for each of the transactions. If no entry is required for a transactionevent select No Journal Entry Required" in the first account field.
Journal entry worksheet
Record the reissuance of shares of treasury stock previously purchased for a price of $ per share and sold for a price of $ per share.
Note: Enter debits before credits.
tableDateGeneral Journal,Debit,CreditJuly
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