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Required information [The following information applies to the questions displayed below.) The following selected transactions occurred for Corner Corporation: Feb. 1 Purchased 430 shares of
Required information [The following information applies to the questions displayed below.) The following selected transactions occurred for Corner Corporation: Feb. 1 Purchased 430 shares of the company's own common stock at $23 cash per share; the stock is now held in treasury. July 15 Issued 115 of the shares purchased on February 1 for $33 cash per share. Sept. 1 Issued 75 more of the shares purchased on February 1 for $18 cash per share. 2. Prepare journal entries for each of the transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 Record the purchase of 430 shares of previously issued common stock for a price of $23 per share. Note: Enter debits before credits. General Journal Debit Credit Date Feb. 1 Record entry Clear entry View general journal View transaction list Journal entry worksheet
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