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Required information [The following informstion applies to the questions disployed below) The following selected transactions occurred for Corner Corporation: held in treasury. Suly 15 towed
Required information [The following informstion applies to the questions disployed below) The following selected transactions occurred for Corner Corporation: held in treasury. Suly 15 towed 165 of the aharen porohased as Tabinaty 1 for it) cawh per shark. Soptenter. 1 tasued 125 nore of the shares-purehased en February 1 for $28 cosh per ahare. Required: 1. Indicato the account, amount, and dicection of the effect for the above transactions. (Enter any decreases to account balances with a minus sign. Required information [The following information applies to the questions displayed below.] The following selected transactions occurred for Corner Corporation: Yebruary 1 Purchaned 530 wharen of the eompany' own cosnon ntoek at 533 canh per ahare; the atook in now held in treasury, July 15 Iasued 165 of the tharen purchased on February 1 for $43 eash per ahare. Septeaber 1 Yasued 125 more of the aharen purehased on February 1 for $28 eash per ahare. Required: 1. Indicate the account, amount, and direction of the effect for the above transactions. (Enter any decreases to account balances with a minus sign.)
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