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Biscayne Bay Water Inc. bottles and distributes spring water. On May 14 of the current year, Biscayne Bay Water Inc. reacquired 2,300 shares of its common stock at $49 per share. On September 6, Biscayne Bay Water Inc. sold 1,800 of the reacquired shares at $52 per share. The remaining 500 shares were sold at $46 per share on November 30. a. Journalize the transactions of May 14, September 6, and November 30. For a compound transaction, if an amount box does not require an entry, leave it blank.
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Biscayne Bay Water Inc. bottles and distributes spring water. On May 14 of the current year, Biscayn...
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