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Record the two events in general journal format

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Elroy Corporation repurchased 4,000 shares of its own stock for $30 per share. The stock has a par of $10 per share. A month later, Elroy resold 900 shares of the treasury stock for $32 per share.

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Question 1: Record the two events in general journal format.(If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Reference no: EM132496208

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