Buffalo Inc has outstanding 14,300 shares of $10 par value common stock (i) On July 1, 2017,

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Buffalo Inc has outstanding 14,300 shares of $10 par value common stock (i) On July 1, 2017, Buffalo reacquired 102 shares at $86 per share (ii) On September 1, Buffalo reissued 62 shares at $92 per share.

Prepare Buffalo's journal entries to record these transactions using the cost method.

Related Book For answer-question

Intermediate Accounting

ISBN: 978-1118742976

16th edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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Posted Date: Jan 06, 2021 02:04 PM

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Buffalo Inc has outstanding 14,300 shares of $10 par value common stock (i) On July 1, 2017,

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Intermediate Accounting

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