Required information [The following information applies to the questions displayed below.] The following selected transactions occurred...
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Required information [The following information applies to the questions displayed below.] The following selected transactions occurred for Corner Corporation: February 1 Purchased 590 shares of the company's own common stock at $39 cash per share; the stock is now held in treasury. July 15 Issued 195 of the shares purchased on February 1 for $49 cash per share. September 1 Issued 155 more of the shares purchased on February 1 for $34 cash per share. 2. Prepare journal entries for each of the transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 Record the purchase of 590 shares of previously issued common stock for a price of $39 per share. Required information [The following information applies to the questions displayed below.] The following selected transactions occurred for Corner Corporation: February 1 Purchased 590 shares of the company's own common stock at $39 cash per share; the stock is now held in treasury. July 15 Issued 195 of the shares purchased on February 1 for $49 cash per share. September 1 Issued 155 more of the shares purchased on February 1 for $34 cash per share. 2. Prepare journal entries for each of the transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 Record the purchase of 590 shares of previously issued common stock for a price of $39 per share.
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