On January 1,2022, the stockholders equity section of concord corporation shows common stock ($5 par value)$1500000 paid in capital in excess of par $1040000;and retained earnings $1180000 during the year, the following treasury stock transactions occurred mar 1 purchased $47000 shares for cash at $15 per a share july 1 sold $12000 treasury shares for cash at $17 per share .sept.1 sold $11000 treasury shares for cash $14 per share restate the entry for september 1, assuming the treasury shares were sold at $11 per share
On January 1,2022, the
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On January 1, 2020, the
| Mar. | 1 | Purchased 51,000 shares for cash at $15 per share. | |
| July | 1 | Sold 10,500 treasury shares for cash at $17 per share. | |
| Sept. | 1 |
Sold 9,000 treasury shares for cash at $14 per share.
|
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