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Prepare journal entries for the following treasury stock transactions. Assume that all three happen in order when preparing each entry. 2/15/2015 Purchased 48,000 shares for cash at $13.50 per share.

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Prepare journal entries for the following treasury stock transactions. Assume that all three happen in order when preparing each entry.
2/15/2015Purchased 48,000 shares for cash at $13.50 per share.
6/6/2015Sold 12,500 treasury shares for cash at $16.00 per share.
8/30/2015Sold 9,500 treasury shares for cash at $12.00 per share.
Instructions: Prepare journal entries for the above transactions. 
DateAccount Debit  Credit 
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
 
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