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On 6/30/20 ABC Corporation purchased 1,000 shares of its own stock back for 1.00 per...

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Accounting

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On 6/30/20 ABC Corporation purchased 1,000 shares of its own stock back for 1.00 per share ($1,000 total). On 9/1/20ABC Corporation sells 500 shares of its treasury stock for 2.00 per share ($1,000 total). The journal entry contains: 1,000 Treasury stock 500

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