eck my Work 7 ! Required information Part 1 of 4 [The following information applies to the questions displayed below.) T

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Eck My Work 7 Required Information Part 1 Of 4 The Following Information Applies To The Questions Displayed Below T 1 (115.74 KiB) Viewed 26 times

eck my Work 7 ! Required information Part 1 of 4 [The following information applies to the questions displayed below.) The following selected transactions occurred for Corner Corporation: February 1 Purchased 540 shares of the company's own common stock at $34 cash per share; the stock is now held in treasury. July 15 Issued 170 of the shares purchased on February 1 for $44 cash per share. September 1 Issued 130 more of the shares purchased on February 1 for $29 cash per share. Required: 1. Indicate the account, amount, and direction of the effect for the above transactions. (Enter any decreases to account balances with a minus sign.) Assets Liabilities + Stockholders' Equity (18,360) = + Treasury Stock (18,360) = + February 1 July 15 July 15 September 1 September 1 7,480] = 5,780 + Treasury Stock + Additional Paid-In Capital, Treasury Stock 3,770) = +