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12 of 25 P Mueller Corporation re-sold 1,000 shares of treasury stock at $37 per share. Five months ago, the company repurchased these shares for
12 of 25 P Mueller Corporation re-sold 1,000 shares of treasury stock at $37 per share. Five months ago, the company repurchased these shares for $18 per share. The re- sold shares have a per share par value of $2. Record the journal entry for this re-sale of treasury shares. Account Debit Credit
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
7th Edition
0072866578, 9780072866575
