Solved: On september 1 it sells 300 shares of the treasury stock, Accounting Basics

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On september 1 it sells 300 shares of the treasury stock

1. On July 1, Goetz Corporation purchases 500 shares of its $5 par value common stock for the treasury at a cash price of $8 per share. On September 1, it sells 300 shares of the treasury stock for cash at $11 per share. Journalize the two treasury stock transactions.

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Accounting Basics: On september 1 it sells 300 shares of the treasury stock

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Accounting Basics: On september 1 it sells 300 shares of the treasury stock

Reference No:- TGS01516378

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