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Restate the entry for September 1, assuming the treasury shares were sold at $12 per share. (Credit account titles are outomotically indented when amount is

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Restate the entry for September 1, assuming the treasury shares were sold at $12 per share. (Credit account titles are outomotically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.) eTextbook and Media On January 1, 2022, the stockholders' equity section of Marigold Corp. shows common stock ( $5 par value) $1,500,000; paid-in capital in excess of par $1,040,000; and retained earnings $1,240,000. During the year, the following treasury stock transactions occurred. Mar. 1 Purchased 49,000 shares for cash at $15 per share. July 1 Sold 10,000 treasury shares for cash at $17 per share. Sept. 1 Sold 9,000 treasury shares for cash at $14 per share. (a) Your answer is correct. Journalize the treasury stock transactions. (Record joumal entries in the order presented in the problem. Credit account tities are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and. enter 0 for the amounts.)

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