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1Which of the following journal entry is True on 10 May 2019 in respect of Re-issue of shares? 2.Which of the following journal entry is

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1Which of the following journal entry is True on 10 May 2019 in respect of Re-issue of shares? 2.Which of the following journal entry is True on 10 March 2019 in respect of Reissue of shares? 3.Which of the following journal entry is Correct on 10 January 2019 in respect of Repurchase of

ABC Company re-acquired 25000 shares of its outstanding common stock for OMR 1 each on 10th January 2019. The stockholders equity of the company was a combination of retained earnings and common stock only. On 10th March 2019, the company re-issued 10,000 shares of OMR 1.300 per share. On 10th May 2019, an additional 5000 shares at 0.800 baisa per share were re-issued by the company ANSWER QUESTION NO 43 TO 45

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