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solve On April2, a corporation purchased for cash 5,000 shares of its own 515 par comsmon stock at $77 per share. sold 3,000 of the

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On April2, a corporation purchased for cash 5,000 shares of its own 515 par comsmon stock at $77 per share. sold 3,000 of the treasury shares at 530 per share on fune 10 , The renainung 2,000 shares were sold on November 10 for 523 per share. a. Joumalise the entry for the purchase (treasury stock is recoeded at cost), If an amount bex does not require an entry, leave it blank b. lournslize the entries for the sale of the stock. if an amount box-does not require an entry, leave it blanke On April2, a corporation purchased for cash 5,000 shares of its own 515 par comsmon stock at $77 per share. sold 3,000 of the treasury shares at 530 per share on fune 10 , The renainung 2,000 shares were sold on November 10 for 523 per share. a. Joumalise the entry for the purchase (treasury stock is recoeded at cost), If an amount bex does not require an entry, leave it blank b. lournslize the entries for the sale of the stock. if an amount box-does not require an entry, leave it blanke

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