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{The following information applies to the questions displayed below.] The following selected transactions occurred for Comer Corporation: Feb. 1 Purchased 500 shares of the company's
{The following information applies to the questions displayed below.] The following selected transactions occurred for Comer Corporation: Feb. 1 Purchased 500 shares of the company's own common stock at $30 cash per share; the stock is now held in treasury. July 15 Issued 150 of the shares purchased on February 1 for $40 cash per share. Sept. 1 Issued 110 more of the shares purchased on February 1 for $25 cash per share 3. value Required infc 10.00 points Required: 1. Indicating the account, amount, and direction of the effect for the above transactions. (Enter any decreases to account balances with a minus sign.) Assets Liabilities Stockholders' Equity Feb. 1 July 15 Sept. 1
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