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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 Purchased 530 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 Purchased 530 shares of the company's con stock at 3) cash per share the stock 10 how held in truty July 13 ved 165 of the shares purchased on February 1 for $43 cash per share September 1 od 125 more of the shares parchased on February 1 for $20 cash per share. Required: 1. Indicate the account, amount and direction of the effect for the above transactions. (Enter any decreases to account balances with minus sign) Assets Laber Stockholders' Equity February 15 | July 16 September Suplember Required information (The following information applies to the questions displayed below.) The following selected transactions occurred for Corner Corporation: February 1 Purchased 530 shares of the company's own common stock at $33 cash per share the stock is now held in treasury. July 15 Issued 165 of the shares purchased on February 1 for $43 cash per share. September 1 Issued 125 more of the shares purchased on February 1 for $28 cash per share

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