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Prepare journal entries to record these stock

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Prepare journal entries to record these stock 1 On January 1, 2008, Edmond Company issued 30,000 shares of $2 par value common stock for $150,000. On March 1, 2008, the company purchased 4,000 shares of its common stock for $8 per share for the treasury. On June 1, 2008, 1,000 of the treasury shares are sold for $10 per share. On September 1, 2008, 2,000 treasury shares are sold at $6 per share. Instructions Journalize the stock transactions of Edmond Company in 2008. 2 Wixen Company originally issued 30,000 shares of $5 par common stock for $180,000 on January 3, 2008. Wixen purchased 1,500 shares of treasury stock for $12,000 on November 2, 2008. On December 6, 2008, 600 shares of the treasury stock are sold for $6,000. Instructions Prepare journal entries to record these stock transactions. Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help

Prepare journal entries to record these stock

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