Question: Find the Journal Entry Example 1: A firm issues 50,000 shares of stock for $20 per share with a par value of $1 per share
Example 1: A firm issues 50,000 shares of stock for $20 per share with a par value of $1 per share on June 15, 2018. The firm repurchases 5,000 shares for $22 per share on October 15, 2020, and an additional 4,000 shares at $23 per share on November 1, 2020
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