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Record the journal entries for the alexander corporation

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Reference no: EM132655486

Problem 1: Record the following journal entries for the Alexander Corporation

  1. Purchased 2,000 shares of its own $50 par value for $90 per share
  2. Sold 1000 of those shares for $105 per share Sold 650 shares for $80 per share
  3. Retired the remaining shares purchased. The original selling price was $53 per share.

Reference no: EM132655486

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