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Required information [The following information applies to the questions displayed below] The following selected transactions occurred for Corner Corporation February 1 Furchased 500 shares of

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Required information [The following information applies to the questions displayed below] The following selected transactions occurred for Corner Corporation February 1 Furchased 500 shares of the company's own common stock at 590 cash per share; the stock Is now held In tressucy. July as Issued iso of the shore Courchesed on Feoruacy a for s40 cash pen share, Septenber 1 is wued 110 more of the shares purchased on february 1 for 125 cash per ihare. Required: 1. Indicate the account, amount. and direction of the effect for the obove transactions. (Enter any decreases to occount bolances with o minus sign.) a minus sign.) \begin{tabular}{|l|l|r|l|} \hline & \multicolumn{1}{|c|}{ Assects } & = \\ \hline February 1 & Treasury Stock & 15,000 & = \\ \hline July 15 & Cash & 6,000 & = \\ \hline July 15 & & & = \\ \hline September 1 & Cash & 2.750 & = \\ \hline September 1 & & & = \\ \hline \end{tabular}

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