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2 Doja Dress Company previously purchased 5,000 shares of treasury stock on the open market for $8 per share. Later, the company resells 2,500 shares
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Doja Dress Company previously purchased 5,000 shares of treasury stock on the open market for $8 per share. Later, the company resells 2,500 shares for $10 per share. What is the journal entry for the sale?
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