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On february 1 marine company reacquired 7500 shares of its

Question - On February 1, Marine 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, Marine sold the remaining shares at $28 per share.

Required: Journalize the transaction of February 1, March 15, and June 2.

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Accounting Basics: On february 1 marine company reacquired 7500 shares of its

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Accounting Basics: On february 1 marine company reacquired 7500 shares of its

Reference No:- TGS02387934

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