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Motorsports sold the remaining shares at 28 per share -

On February 1, Motorsports Inc. reacquired 7,500 shares of its common stock at $30 per share. On March 15, Motorsports sold 4,500 of the reacquired shares at $34 per share.

On June 2, Motorsports sold the remaining shares at $28 per share.

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

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Accounting Basics: Motorsports sold the remaining shares at 28 per share -

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Accounting Basics: Motorsports sold the remaining shares at 28 per share -

Reference No:- TGS0779994

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