On January 31, Outback Coast Resorts Inc. reacquired 18,700 shares of its common stock at $45 per

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On January 31, Outback Coast Resorts Inc. reacquired 18,700 shares of its common stock at $45 per share. On April 20, Wilderness Resorts sold 10,600 of the reacquired shares at $52 per share. On October 4, Wilderness Resorts sold the remaining shares at $37 per share. Journalize the transactions of January 31, April 20, and October 4.

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Accounting

ISBN: 9781337902687

28th Edition

Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider

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