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School

University of Texas, Dallas *

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Course

2301

Subject

Finance

Date

Nov 24, 2024

Type

png

Pages

1

Uploaded by Alex2122

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Hey Dude Clothing Company issues 1,000 shares of $1 par value common stock at $32 per share. Later in the year, the company decides to purchase 100 shares at a cost of $35 per share. Record the purchase of treasury stock. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) No Transaction General Journal Debit Credit 3,500 & 1 1 Treasury Stock Cash o0 3,500 &
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