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Title: A corporation sold 20 shares of $20 par value treasury stock for $40 per share. The treasury stock ... Post by: Fast2F on Jun 6, 2017 A corporation sold 20 shares of $20 par value treasury stock for $40 per share. The treasury stock cost $30 per share to acquire. The entry to record the transaction would include a:
A) debit to Treasury Stock for $800. B) debit to Common Stock for $400. C) credit to Paid-in Capital from Treasury Stock for $600. D) credit to Paid-in Capital from Treasury Stock for $200. Title: Re: A corporation sold 20 shares of $20 par value treasury stock for $40 per share. The treasury ... Post by: keytwo on Jun 6, 2017 Content hidden
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