Question: Marigold Inc. has outstanding 1 3 , 3 0 0 shares of $ 1 0 par value common stock. On July 1 , 2 0

Marigold Inc. has outstanding

13, 300

shares of $

10

par value common stock. On July

1, 2025,

Marigold reacquired

111

shares at $

88

per share. On September

1,

Marigold reissued

62

shares at $

92

per share. On November

1,

Marigold reissued

49

shares at $

86

per share.

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

(

Llst all deblt entrles before credit entrles. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select

"

No Entry" for the account titles and enter

0

for the amounts. Record entries in the order displayed in the problem statement

)

Date

Account Titles and Explanation

Debit

Credit

Marigold Inc. has outstanding 13,300 shares of $10 par value common

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