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22 Treasury stock that had been purchased for $4,199 last month was reissued this month for $5,500. The journal entry to record the reissuance would
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Treasury stock that had been purchased for $4,199 last month was reissued this month for $5,500. The journal entry to record the reissuance would include a credit to a. Paid-In Capital from Sale of Treasury Stock for $1,301 b. Treasury Stock for $1,301 c. Paid-In Capital in Excess of Par - Common Stock for $4,199 d. Paid-In Capital from Sale of Treasury Stock for $4,199Step by Step Solution
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