On august 10 jameson corporation reacquired 8000 shares of

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On August 10, Jameson Corporation reacquired 8,000 shares of its $100 par value common stock at $134. The stock was originally issued at $110. 1000 shares were resold on November 21 at $130.The rest of the shares were resold on December 1 for $137. Provide the entries required to record the reacquisition and the subsequent resale of the stock using the cost method.

Reference no: EM13599189

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