Prepare in journal form the entries necessary to record the following stock transactions of the...
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Accounting
Prepare in journal form the entries necessary to record the following stock transactions of the Seoul Company during 2011: Oct. 1 Purchased 2,000 shares of its own $2 par value common stock for $20 per share, the current market price. 17 Sold 500 shares of treasury stock purchased on October 1 for $25 per share.
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