Solved: Marine sold 4500 of the reacquired shares at 34 per share, Cost Accounting

Marine sold 4500 of the reacquired shares at 34 per share

Q- On February 1, MA Company reacquired 7,500 shares of its common stock at $30 per share. On March 15, Marine sold 4,500 of the reacquired shares at $34 per share. On June 2, MA sold the remaining shares at $28 per share.

Journalize the transactions of February 1, March 15, and June 2.

Feb-1 =__

=__

Mar-15 =__

=__

June-2 =__

=__

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Cost Accounting: Marine sold 4500 of the reacquired shares at 34 per share

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Cost Accounting: Marine sold 4500 of the reacquired shares at 34 per share

Reference No:- TGS0669691

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