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Using the following information, the journal entry to record the March 5, 2019 transaction will be: January 1, 2019: Atlantic Corporation reacquires 2,000 shares of

Using the following information, the journal entry to record the March 5, 2019 transaction will be: January 1, 2019: Atlantic Corporation reacquires 2,000 shares of its $20 par common stock for $88 per share. March 5, 2019: Atlantic reissues 1,000 of the above mentioned shares for $100 per share

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