(Solution) - On October 3 Valley Clothing Inc reacquired 10 000 shares of -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

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Pages: 5 Words: 1375

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On October 3, Valley Clothing Inc. reacquired 10,000 shares of its common stock at $9 per share. On November 15, Valley Clothing sold 6,800 of the reacquired shares at $12 per share. On December 22, Valley Clothing sold the remaining shares at $7 per share.
Journalize the transactions of October 3, November 15, and December 22.