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Worner Corporation is authorized to issue 100,000 ordinary shares with a $5 par value. During...

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Worner Corporation is authorized to issue 100,000 ordinary shares with a $5 par value. During 2017 , its first year of operation, the company has the following share transactions. Jan. 1 Issued 50,000 ordinary shares at $7 per share. Sept. 5 Purchased 1.500 shares for the treasury at $10 per share. Dec. 6 Sold 1,100 treasury shares at $11 per share. Instructions: Journalize the transactions for Worner Corporation

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