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Stock transactions for Cautious Driving School, Inc. follow: (Click the icon to view the transactions.) Journalize the transactions. (Record debits first, then credits. Select the
Stock transactions for Cautious Driving School, Inc. follow: (Click the icon to view the transactions.) Journalize the transactions. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Mar. 4: Issued 24,000 shares of $1 par value common stock at $10 per share. Date Accounts and Explanation Debit Credit Mar. 4 May 22: Purchased 1,500 shares of treasury stock-common at $10 per share. Date Accounts and Explanation De Credit May 22 Sep. 22: Sold 400 shares of treasury stock-common at $19 per share. Date Accounts and Explanation Debit Credit Sep. 22 Oct. 14: Sold 1,100 shares of treasury stock-common at $7 per share. Date Accounts and Explanation Debit Credit Oct. 14 * More Info Mar. May Sep Oct. 4 Issued 24,000 shares of $1 par value common stock at $10 per share. 22 Purchased 1,500 shares of treasury stock-common at $10 per share 22 Sold 400 shares of treasury stock-common at $19 per share. 14 Sold 1,100 shares of treasury stock-common at $7 per share. Print Done
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