Question: Brief Exercise 13-07 your answer is partially correct. Try again. On July 1, Bridgeport Corporation purchases 480 shares of its $5 par value common stock

Brief Exercise 13-07 your answer is partially correct. Try again. On

July 1, Bridgeport Corporation purchases 480 shares of its $5 par value

Brief Exercise 13-07 your answer is partially correct. Try again. On July 1, Bridgeport Corporation purchases 480 shares of its $5 par value common stock for the treasur 511 per share Joumalize the two treasury stock transactions. (Record journal entries in the order presented in th indent manually.) Debit Credit Date Account Titles and Explanation 3840 Treasury Stock Cash 2530 Septiv Cash Treasury Stock Paid-in Capital from Treasury Stock SHOW LIST OF ACCOUNT CALCULATOR FULL SCREEN PRINTER VERSION BACK TEXT or the treasury at a cash price of $8 per share. On September 1, it sells 230 shares of the treasury stock for cash at sented in the problem. Credit account titles are automatically indented when amount is entered. Do not 3840 38

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