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Southern Amusements Corporation had the following stockholders' equity on November 30: On December 30, Southern purchased 200 shares of treasury stock at $15 per share.

image text in transcribedSouthern Amusements Corporation had the following stockholders' equity on November 30: On December 30, Southern purchased 200 shares of treasury stock at $15 per share.

image text in transcribed Southern Amusements Corporation had the following stockholders' equity on November 30 : (Click the icon to view the stockholders' equity.) On December 30, Southern purchased 200 shares of treasury stock at $15 per share. Read the Southern Amusements Corporation had the following stockholders' equity on November 30 : (Click the icon to view the stockholders' equity.) On December 30, Southern purchased 200 shares of treasury stock at $15 per share. Read the requirements. Requirements Purch Requirement 2. Prepar Sout 1. Journalize the purchase of the treasury stock. 2. Prepare the stockholders' equity section of the balance sheet at December 31 , 2024. Assume the balance in retained earnings is unchanged from November 30. 3. How many shares of common stock are outstanding after the purchase of treasury stock? tained earnings is unchanged from November 30. Southern Amusements Corporation had the following stockholders' equity on November 30 : (Click the icon to view the stockholders' equity.) On December 30, Southern purchased 200 shares of treasury stock at $15 per share. Read the Southern Amusements Corporation had the following stockholders' equity on November 30 : (Click the icon to view the stockholders' equity.) On December 30, Southern purchased 200 shares of treasury stock at $15 per share. Read the requirements. Requirements Purch Requirement 2. Prepar Sout 1. Journalize the purchase of the treasury stock. 2. Prepare the stockholders' equity section of the balance sheet at December 31 , 2024. Assume the balance in retained earnings is unchanged from November 30. 3. How many shares of common stock are outstanding after the purchase of treasury stock? tained earnings is unchanged from November 30

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