On May 27, Hydro Clothing Inc. reacquired 65,000 shares of its common stock at $6 per share. On Augu

On May 27, Hydro Clothing Inc. reacquired 65,000 shares of its common stock at $6 per share. On August 3, Hydro Clothing sold 48,000 of the reacquired shares at $9 per share. On November 14, Hydro Clothing sold the remaining shares at $5 per share. Journalize the transactions of May 27 August 3, and November 14. Refer to the Chart of Accounts for exact wording of account titles Journalize the transactions of May 27, August 3, and November 14. Refer to the Chart of Accounts for exact wording of account titles PAGE 10 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY

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