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Journalize the transactions of March

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Reference no: EM132683266

Problem - Entries for Treasury Stock

On March 8, Golf Resorts Inc. reacquired 13,000 shares of its common stock at $42 per share. On May 16, Golf Resorts sold 9,500 of the reacquired shares at $50 per share. On August 30, Golf Resorts sold the remaining shares at $40 per share. Journalize the transactions of March 8, May 16, and August 30.

Reference no: EM132683266

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