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Assume that a company paid $6 per share to purchase 1,100 shares of its $3 par common stock as treasury stock. The purchase of treasury
Assume that a company paid
$6
per share to purchase 1,100 shares of its
$3
par common stock as treasury\ stock. The purchase of treasury stock\ A. increased total equity by
$3,300
.\ B. decreased total equity by
$3,300
.\ C. decreased total equity by
$6,600
.\ D. increased total equity by
$6,600
.
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