Question: .. Record the treasury stock transactions (given below) under the cost method: Transactions: 1. Bought 400 shares of the $50 par value common stock

.. Record the treasury stock transactions (given below) under the cost method:

.. Record the treasury stock transactions (given below) under the cost method: Transactions: 1. Bought 400 shares of the $50 par value common stock as treasury shares at $62. 2. Sold 120 shares of treasury stock at $65. 3. Sold 60 treasury shares at $50.

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