Treasury Stock Transactions Fritz Inc. had no treasury stock at the beginning of the year....
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Treasury Stock Transactions Fritz Inc. had no treasury stock at the beginning of the year. During February, Fritz purchased 12,000 shares of treasury stock at $24 per share. In May, Fritz sold 4,100 of the treasury shares for $27 per share. In November, Fritz sold the remaining treasury shares for $18 per share. Required: Prepare journal entries for the February, May, and November treasury stock transactions. If an amount box does not require an entry, leave it blank. Feb. May Nov. 1111
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