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Journalize the purchase and sale of the common stock

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Reference no: EM132365776

Question

On August 1, Carla Vista Company buys 1,000 shares of Estrada common stock for $29,000 cash. On December 1, Carla Vista sells the stock investments for $32,000 in cash.

Journalize the purchase and sale of the common stock.

Reference no: EM132365776

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