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#5 ISN Inc. repurchased 1,000 of its own * 5 points ommon shares for $15 per share. ater, MSN Inc. sold 200 shares for 16
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ISN Inc. repurchased 1,000 of its own * 5 points ommon shares for $15 per share. ater, MSN Inc. sold 200 shares for 16 per share. The entry to record the ale of the 200 shares is: Cash 3,200. Common Shares 3,000. Gain on Sale of Shares 200 Cash 3,200. Common Shares 3,200 Cash 3,000. Common Shares 3,000 Cash 3,200. Common Shares 3,000. Contributed Surplus, Gain on Sale 200 Step by Step Solution
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Finance For Non-Finance People
Authors: Sandeep Goel
2nd Edition
0367185083, 9780367185084
