Question: Record the following transactions by the cost method. (a) Bought 800 shares of its common stock at $50 a share. (b) Sold 100 treasury shares

Record the following transactions by the cost method. (a) Bought 800

Record the following transactions by the cost method. (a) Bought 800 shares of its common stock at $50 a share. (b) Sold 100 treasury shares at $60 a share. (c) Sold 300 shares of treasury stock at $45 a share

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