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California Surf Clothing Company issues 1000 shares of $1 par value common stock at $35 per share Later in the year, the company decides to repurchase 100 shares at a cost of $38 per share

California Surf Clothing Company issues 1,000 shares of $1 par value common stock at $35 per share. Later in the year, the company decides to repurchase 100 shares at a cost of $38 per share. Record the purchase of treasury stock.

May 17 2020 View more View Less

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