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Business, 06.05.2020 15:57 Dkhaurithompson

California Surf Clothing Company issues 1,000 shares of $1 par value common stock at $31 per share. Later in the year, the company decides to Purchase 100 shares at a cost of $34 per share. Record the transaction if California Surf resells the 100 shares of treasury stock at $36 per share.

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California Surf Clothing Company issues 1,000 shares of $1 par value common stock at $31 per share....
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