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On 1 January 20X1, Grey Corp. issued 378,000 no-par common shares at $4.30 per share. In 20X5, there were treasury stock transactions. On 15 January

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On 1 January 20X1, Grey Corp. issued 378,000 no-par common shares at $4.30 per share. In 20X5, there were treasury stock transactions. On 15 January 20X5, the company purchased 4,500 of its own common shares at $3.30 per share to be held as treasury stock. On 1 March, 800 of the treasury shares were resold at $4.80. On 15 March, 500 shares were purchased for $170. On 31 March, 900 of the treasury shares were sold for $2.05. The remaining shares were cancelled and retired on 1 June. The balance in retained earnings was $965,500 prior to these transactions. Required: 1. Provide all 20x5 entries. (Round "per share" answer to two decimal places and final answers to the nearest whole dollar. 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

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