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very urgent During one of the current year. Al Ain Corporation reacquired 6.000 shares of its ordinary stock at 80 AED per share. In August
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During one of the current year. Al Ain Corporation reacquired 6.000 shares of its ordinary stock at 80 AED per share. In August of the same year. The company sold 4.000 of the record shares ar 90 AED per share Required a. Journalize the transactions of June and August (2 Marks) . Give at least 3 reasons why companies might buy their own shares (treasury stock Marks)
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Management and Cost Accounting
Authors: Alnoor Bhimani, Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
6th edition
1292063467, 978-1292063461
