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Record the repurchase of its shares by taterbeer in march

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Reference no: EM133171748

Question - Taterbeer Company began 2021 with 100,000 shares of stock issued. In March, Taterbeer repurchased 2,000 of its own shares for $50 per share. In August, it reissued 1,200 shares of treasury stock for $54 per share. In December, it reissued the remaining 800 shares for $52 per share.

Required -

A. Record the repurchase of 2,000 of its shares by Taterbeer in March.

B. Record the reissuance of 1,200 shares in August.

C. Record the reissuance of 800 shares in December.

Reference no: EM133171748

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