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33. Jones company bought 1 million of their own 51 par shares at S13 per share Later they sold the shares for 514 per share.

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33. Jones company bought 1 million of their own 51 par shares at S13 per share Later they sold the shares for 514 per share. The Journal entry under the retirement method would include: a. credit to cash for $14 per share b. credit stock at 51 par per share c. debit stock at $1 par per share d. credit treasury stock for 513 per share e. none of the above

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