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The Clash Corporation purchased 500 shares of its own stock at $10 per share on January 1, 20XX. On April 15th, the company sold 100
The Clash Corporation purchased 500 shares of its own stock at $10 per share on January 1, 20XX. On April 15th, the company sold 100 shares at $11 per share. On June 20th the company sold another 100 shares at $8 per share. Record the journal entries required. (24 points) The following table shows the equity section at the beginning of the year. Common Stock - No state value Additional Paid In Capital - Common Stock Retained earnings $1,000,000 5,000,000 25,000,000 Debit Credit nal
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