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Business, 16.04.2020 00:35 kaylabustos10

On January 2, 2019, Frederick Corporation issued 18,000 shares of $10 par value common stock for $13 per share. On April 1, 2019, Alpha reacquired 1,500 of these shares when they were trading $16 per share. On August 1, 2019 Frederick reissued 800 shares of treasury stock at the going market rate of $19 per share. Use this information to prepare the General Journal entry (without explanation) for the August 1 transaction.

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On January 2, 2019, Frederick Corporation issued 18,000 shares of $10 par value common stock for $13...
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