3. Hill Company had the following transactions related to its common stock (OMR 1 par value) during the year ended December 31, 2002. Prepare the journal entries using the cost method. April 1 10 per share. Pass journal entry Purchased 2,000 shares for OMR Dr. Treasury stock OMR 20,000 Cr. Cash 20,000 Dr. Cash OMR 20,000 Cr. Treasury stock OMR 20,000 Dr. Treasury stock OMR 20,000 Cr. Share premium 20,000 None of these

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