On May 27, Kick Off Inc. reacquired 76,000 shares of its common stock at $10 per share. On August 3, Kick Off sold 54,000 of the reacquired shares at $13 per share. On November 14, Kick Off sold the remaining shares at $8 per share.
Required:
Journalize the transactions of May 27, August 3, and November 14.
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On May 27, Kick Off Inc. reacquired 76,000 shares of its common stock at $10 per share. On August 3,...
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