question archive During Year 1, Long Beach Corporation completed the treasury stock transactions described below: Jan

During Year 1, Long Beach Corporation completed the treasury stock transactions described below: Jan

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During Year 1, Long Beach Corporation completed the treasury stock transactions described below: Jan. 2 Reacquired 1,000 shares at $10 per share Feb. 2 Sold 400 shares at $12 per share Prepare the appropriate journal entry to record the sale of the treasury stock on February 2

 

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