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A company had the following transactions related to its stock: February 22 acquired 210 shares of its $3 par value common stock for $25 each.

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A company had the following transactions related to its stock: February 22 acquired 210 shares of its $3 par value common stock for $25 each. March 15 resold 61 shares for $28 each. What is true of the March 15 entry for reselling the shares? Multiple Choice Credit Cash $1,525 Credit Additional Paid-in Capital $183 Debit Treasury Stock $1,525 Credit Treasury Stock $1,708

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