Question: Record the following transactions by the cost method. (a) Bought 10,000 shares its common stock at $60 a share. (b) Sold 2,000 treasury shares at

Record the following transactions by the cost method. (a) Bought 10,000

Record the following transactions by the cost method. (a) Bought 10,000 shares its common stock at $60 a share. (b) Sold 2,000 treasury shares at $62 a share. (c) Sold 4,000 shares of treasury stock at $40 a share

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