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Treasury Stock Transactions Fritz Inc. had no treasury stock at the beginning of the year. During February, Fritz purchased 15,000 shares of treasury stock

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Treasury Stock Transactions Fritz Inc. had no treasury stock at the beginning of the year. During February, Fritz purchased 15,000 shares of treasury stock at $24 per share. In May, Fritz sold 5,000 of the treasury shares for $25 per share. In November, Fritz sold the remaining treasury shares for $20 per share Required: Prepare journal entries for the February, May, and November treasury stock transactions. If an amont box does not require an entry, leave it blank Feb. May NOV

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