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5 XYZ Company acquired from shareholders 1000 shares of treasury stock for $25 per share. XYZ later reissued the same 1000 shares of treasury stock

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5 XYZ Company acquired from shareholders 1000 shares of treasury stock for $25 per share. XYZ later reissued the same 1000 shares of treasury stock for $26 per share. Par value of the stock is $10 per share. The journal entry to record the reissuance of the 1000 shares of treasury stock would include the following: a a debit to Cash of $26,000 b a debit to Cash of $25,000 c a credit to Treasury Stock of $26,000 d a debit to Treasury Stock of $26,000 e a credit to Paid-In Capital from Sale of Treasury Stock of $26,000

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