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This concerns trearsury stocks. I need help and clarification. Thanks. Chapters 12 and 13 PERFORMANCE QUESTION 8-TREASURY STOCK ANSWER QUESTION 45 BASED ON THE INFORMATION
This concerns trearsury stocks. I need help and clarification. Thanks. Chapters 12 and 13 PERFORMANCE QUESTION 8-TREASURY STOCK ANSWER QUESTION 45 BASED ON THE INFORMATION BELOW 4 Prudhoe Bay Water Inc. reacquired 23,500 shares of its no-par common stock at $75 per On 2 on May 14, share. September 6, they sold 14,000 shares of the reacquired shares at $81 per share. The aining 9,500 shares were sold at $72 per share on November 30. Question 45. Journalize the entries required for each transaction date. Post Ref Date Description Debit Credit May 14 Sept 6 Nov 30 EXTRA CREDIT QUESTION INFORMATION-REPORTING PAID IN CAPITAL
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