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Write the necessary journal entries for Jan

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Question - XYZ Company issued 10,000 shares of $1 par value common stock at a price of $20 per share. On Jan. 1, XYZ buys back 1,000 of its shares at $22 per share. On Jan. 15, XYZ sells 100 treasury shares at $25 per share. Write the necessary journal entries for Jan. 1 and Jan. 15.

Reference no: EM132656600

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