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[The following information applies to the questions displayed below.j The following selected transactions occurred for Corner Corporation: 1 Purchased 480 shares of the company's own
[The following information applies to the questions displayed below.j The following selected transactions occurred for Corner Corporation: 1 Purchased 480 shares of the company's own common stock at $28 cash per share; the stock is now held in treasury. Feb. July 15 Issued 140 of the shares purchased on February 1 for $38 cash per share. Sept 1 Issued 100 more of the shares purchased on February 1 for $23 cash per share. 2. Prepare journal entries for each of the transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2 3 1 Record the re-issuance of 140 shares of treasury stock previously purchased for a price of $28 per share and sold for a price of $38 per share. Note: Enter debits before credits. Date General Journal Debit Credit Jul. 15
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