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Required information The following information applies to the questions displayed below) The following selected transactions occurred for Corner Corporation Peb. 1 Purchased 480 shares of
Required information The following information applies to the questions displayed below) The following selected transactions occurred for Corner Corporation Peb. 1 Purchased 480 shares of the company's own common stock at $20 cash per share the stock is now held in treasury July 15 Issued 140 of the shares purchased on February 1 for $30 cash per share. Sept. 1 Tasued 100 more of the shares purchased on February 1 for $21 cash per share Required: Indicate the account, amount, and direction of the effect for the above transactions. (Enter any decreases to account balances with a minus sign.) Assets Liabilities Stockholders' Equity Feb. 1 July 15 Sept 1
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