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Nash corporation has outstanding 22000 shares of 5 par

Question - Nash Corporation has outstanding 22,000 shares of $5 par value common stock. On August 1, 2017, Nash reacquired 210 shares at $82 per share. On November 1, Nash reissued the 210 shares at $73 per share. Nash had no previous treasury stock transactions.

Required - Prepare Nash's journal entries to record these transactions using the cost method.

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Accounting Basics: Nash corporation has outstanding 22000 shares of 5 par

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Accounting Basics: Nash corporation has outstanding 22000 shares of 5 par

Reference No:- TGS02401843

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