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  • 24-05-2023
  • Business
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Tulio Inc. purchased 10 shares of its own stock to hold as treasury stock last year for $40 each. Today, it sells five of those shares for $36 cash. Record the journal entry for this transaction. Some of the information has been filled in to help you.
Dr. Cash __________
Dr. ______ __________
Cr. _____ __________

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