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Treasury Stock Transactions Instructions Chart of Accounts General Journal Instructions Garrett Inc. had no treasury stock at the beginning of the year. During February, Garrett
Treasury Stock Transactions Instructions Chart of Accounts General Journal Instructions Garrett Inc. had no treasury stock at the beginning of the year. During February, Garrett purchased 14,100 shares of treasury stock at $22 per share. In May, Garrett sold 4,400 of the treasury shares for $23 per share. In November, Garrett sold the remaining treasury shares for $17 per share. Required: Prepare journal entries for the February, May, and November treasury stock transactions
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