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ACCOUNTING Grouper Corp. purchased 1,800 shares of its $9 par value common stock for...

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Accounting

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Grouper Corp. purchased 1,800 shares of its $9 par value common stock for s61,560 on August 1. It will hold these in the treasury until resold Journalize the treasury stock transaction. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit Aug. 1

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