On May 27, Kick Off Inc. reacquired 75,000 shares of its common stock at $8...
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Accounting
On May 27, Kick Off Inc. reacquired 75,000 shares of its common stock at $8 per share. On August 3, Kick off sold 50,000 of the reacquired shares at $11 per share. On November 14, Kick off sold the remaining shares at $6 per share. Journalize the transactions of May 27, August 3, and November 14. If an amount box does not require an entry, leave it blank. May 27 Aug. 3 Nov. 14

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