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The following information is extracted from the statements of financial position of WestJet Airlines All amounts are in thousands of Canadian dollars Net earnings for

The following information is extracted from the statements of financial position of WestJet Airlines All amounts are in thousands of Canadian dollars Net earnings for the year ended December 31 2015 is 367530 WestJet reported the following information in the notes to its 2015 financial statements Prepare the journal entry to record the share repurchase transaction

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Answer In the books of Westjet Airlines Ltd Journal entriesExtract 1 Share capitalDr 2232413370 Loss ... blur-text-image
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