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A company buys back 1,000 shares of its own $1 par common stock for $15 per share. This company would record this purchase with a:

A company buys back 1,000 shares of its own $1 par common stock for $15 per share. This company would record this purchase with a: Multiple Choice Credit to Treasury Stock for $1,000 Debit to Additional Paid-In Capital for $14,000 Debit to Treasury Stock for $15,000 Credit to Treasury Stock for $15,000

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