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Business, 08.11.2019 04:31 marlesly87

Before gordon corporation engages in the treasury stock transactions listed below, its general ledger reflects, among others, the following account balances (par value of its stock is $31 per share).paid-in capital in excess of par—common stock $98,020 , common stock $287,680, retained earnings $82,100record the treasury stock transactions (given below) under the cost method of handling treasury stock; use the fifo method for purchase-sale purposes. (credit account titles are automatically indented when amount is entered. do not indent manually. if no entry is required, select "no entry" for the account titles and enter 0 for the ) bought 390 shares of treasury stock at $42 per share.(b) bought 307 shares of treasury stock at $48 per share.(c) sold 350 shares of treasury stock at $44 per share.(d) sold 103 shares of treasury stock at $41 per share.

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Before gordon corporation engages in the treasury stock transactions listed below, its general ledge...
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