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April 27, 2015

Homework Help: Accounting

Posted by Simone on Sunday, December 7, 2008 at 1:51pm.

BJK Company purchased 1000 shares of its own outstanding $10 par value common stock for $14 per share and then sold 400 shares six months later for $17 a share. Prepare the journal entries for the purchase of the stock and for the sale.

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