On april 2nd a corporation purchased for cash 5000 shares, Ask an Expert

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On April 2nd a corporation purchased for cash 5,000 shares of its own $10 par common stock at $15 a share. They sold 2,000 of the treasury shares at $17 a share on June 15th. The remaining 3,000 shares were sold on November 10th for $13 a share.Journalize the entries for April 2, June 15 and November 10.

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Accounting Basics, Accounting

Category:- Accounting Basics
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