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View Policies Current Attempt in Progress Sage Corporation has outstanding 22,000 shares of $5 par value common stock. On August 1, 2020, Sage reacquired 220
View Policies Current Attempt in Progress Sage Corporation has outstanding 22,000 shares of $5 par value common stock. On August 1, 2020, Sage reacquired 220 shares at $86 per share. On November 1, Sage reissued the 220 shares at $78 per share. Sage had no previous treasury stock transactions. Prepare Sage's journal entries to record these transactions using the cost method. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit 8/1/20 11/1/20 eTextbook and Media List of Accounts
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