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Tamarisk Corporation is authorized to issue 52,000 shares of $5 par value common stock. During 2025, Tamarisk took part in the following selected transactions. b.

Tamarisk Corporation is authorized to issue 52,000 shares of $5 par value common stock. During 2025, Tamarisk took part in the following selected transactions. b. C. d. Issued 5,300 shares of stock at $48 per share, less costs related to the issuance of the stock totaling $7,800. Issued 1,200 shares of stock for land appraised at $52,000. The stock was actively traded on a national stock exchange at approximately $49 per share on the date of issuance. Purchased 500 shares of treasury stock at $43 per share. The treasury shares purchased were issued in 2021 at $40 per share. Retired the treasury shares purchased in part (c). Prepare the journal entries to record these transactions using the cost method. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)
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TamariskC Corporation is authorized to issue 52,000 shares of \$5 par value common stock. During 2025, Tamarisk took part in the following selected transactions. a. Issued 5,300 shares of stock at $48 per share, less costs related to the issuance of the stock totaling $7,800. b. Iswed 1,200 shares of stock for land apprahed at 552,000 . The stock was actively traded on a national stock exchange at appreximately $49 per share on the date of issuance. c. Purchased 500 shares of treasury stock at $43 per share. The treasury shares purchased were issued in 2021 at $40 per Mhare. d. Retired the treasury shares purchased in part fol. Prepare the joumal entries to recond theve transaction unirs the cont nothod, (tht all drbil entriles before credit entries. Credit account tilles and enter ofor the oonounss]

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