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Stock transactions for Defensive Driving School, Inc. follow: i (Click the icon to view the transactions.) Journalize the transactions. (Record debits first, then credits. Select
Stock transactions for Defensive Driving School, Inc. follow: i (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 23,000 shares of $1 par value common stock at $13 per share. Date Accounts and Explanation Debit Credit Mar. 4 May 22: Purchased 1,700 shares of treasury stock-common at $10 per share. Date Accounts and Explanation Credit May 22 Sep. 22: Sold 400 shares of treasury stock-common at $25 per share. Date Accounts and Explanation Credit Debit Debit Stock transactions for Defensive Driving School, Inc. follow: i (Click the icon to view the transactions.) Joumalize the transactions. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Sep. 22: Sold 400 shares of treasury stock-common at $25 per share. Date Accounts and Explanation Debit Credit Sep. 22 Oct. 14: Sold 1,300 shares of treasury stock-common at $7 per share Date Accounts and Explanation Debit Credit Oct. 14
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