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Business, 19.05.2020 20:04 xatziry1717

Treasury Stock Transactions Mystic Lake Inc. bottles and distributes spring water. On July 9 of the current year, Mystic Lake reacquired 5,200 shares of its common stock at $56 per share. On September 22, Mystic Lake sold 3,600 of the reacquired shares at $60 per share. The remaining 1,600 shares were sold at $53 per share on November 23. a. Journalize the transactions of July 9, September 22, and November 23. If an amount box does not require an entry, leave it blank. July 9 Sept. 22 Nov. 23 b. What is the balance in Paid-In Capital from Sale of Treasury Stock on December 31 of the current year

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Treasury Stock Transactions Mystic Lake Inc. bottles and distributes spring water. On July 9 of the...

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