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Prepare orioles journal entries to record these transaction

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Question

Oriole Inc. has outstanding 15,000 shares of $10 par value common stock. On July 1, 2017, Oriole reacquired 108 shares at $87 per share. On September 1, Oriole reissued 63 shares at $91 per share. On November 1, Oriole reissued 45 shares at $84 per share.

Prepare Oriole's journal entries to record these transactions using the cost method.

Reference no: EM132364301

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