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Business, 11.12.2019 21:31 mustafakhalil02
During the year, the following selected transactions affecting stockholders' equity occurred for navajo corporation:
a. feb. 1 repurchased 270 shares of the company's own common stock at $30 cash per share.
b. jul. 15 sold 130 of the shares purchased on february 1 for $31 cash per share.
c. sept. 1 sold 100 of the shares purchased on february 1 for $29 cash per share.
required: 1.
prepare the journal entry required for each of the above transactions. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)
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During the year, the following selected transactions affecting stockholders' equity occurred for nav...
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