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  3. prior to june 1, a company has never had any treas

Prior to June 1, a company has never had any treasury stock transactions. A company...

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Accounting

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Prior to June 1, a company has never had any treasury stock transactions. A company repurchased 100 shares of its common stock on June 1 for $5,000 ($50 per share). On July 1, it reissued 50 of these shares at $52 per share. On August 1, it reissued the remaining treasury shares at $49 per share. Record the transactions for June 1, July 1, and August 1. journal entry Accounts Debits Credits [Select] [Select ] 6/1 [ Select] [ Select] [Select] > [ Select] [ Select] [ Select]

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