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S35.000 Canvas Question 8 12 pts On January 1, 2019, the stockholders' equity section of Happy Corporation shows: Common stock ($5 par value) $1,500,000; paid-in

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S35.000 Canvas Question 8 12 pts On January 1, 2019, the stockholders' equity section of Happy Corporation shows: Common stock ($5 par value) $1,500,000; paid-in capital in excess of par value $1,000,000; and retained earnings $1.200,000. During the year, the following treasury stock transactions occurred. Mar. 1 Purchased 30,000 shares for cash at $20 per share. July 1 Sold 6,000 treasury shares for cash at $27 per share. Sept. 1 Sold 5,000 treasury shares for cash at $10 per share. Requirements: 1. Journalize the treasury stock transactions BIVA-A- IE *3.x x - 2 1 12pt Paragraph 30 DOO

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