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Retired Stock (15 points): The corporate charter of Blueberry Co. authorized the issuance of 10 million. $1 par common shares. During 2021, its first year
Retired Stock (15 points): The corporate charter of Blueberry Co. authorized the issuance of 10 million. $1 par common shares. During 2021, its first year of operations. Blueberry had the following transactions: January 1st March 15th June 3rd Sold 8 million shares at $15 per share (e.g. $14 above par value) Retired 1 million shares at $12 per share Retired 1 million shares at $20 per share Required: Record the journal entries for Blueberry Co. at each of the above dates. Date Debit Credit Account Name 1/1/2021 3/15/2021 6/3/2021
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