Journalize the treasury stock transactions

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Question - Culver Corporation purchased 2,400 shares of its $9 par value common stock for $160,800 on August 1. It will hold these shares in the treasury until resold. On December 1, the corporation sold 1,440 shares of treasury stock for cash at $75 per share. Journalize the treasury stock transactions.

Reference no: EM132887117

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