Question: p Can you please answer this question very quickly. i don't have much time. thank you 7. Microsoft Corporation purchased from its stockholders 10,000 shares
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Can you please answer this question very quickly. i don't have much time. thank you
7. Microsoft Corporation purchased from its stockholders 10,000 shares of its own previously issued stock for $300,000. It later resold 2,000 shares for $40 per share, then 3,000 more shares for $45 per share, then 2,000 shares for $25, then 1,000 shares for $10 and finally 2,000 shares for $12 per share. Please prepare journal entries for the purchase of the treasury stock and the five sales of treasury stock
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