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In 2018, Southwestern Corporation completed the treasury stock transactions listed below.

February 2: Reacquired 67,000 shares at $11.70.
March 17: Sold 17,000 treasury shares at $13.85.
May 17: Sold 22,000 treasury shares at $7.85.

Southwestern had issued 100,000 shares of its $1 par common stock for $10 several months ago. Prepare the journal entries to record the above transactions.

User An Nguyen
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Answer:

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User DionysoSong
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