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A company purchases 300 shares of its $25 par value stock at $35 per share. It then reissues 100 shares at $40 per share. The

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A company purchases 300 shares of its $25 par value stock at $35 per share. It then reissues 100 shares at $40 per share. The entry upon reissue of the stock would include a credit to A) Paid in Capital, Treasury Stock for $500 B) Treasury stock for $500 C)Cash for $500 D) Retained Earningsfor $500

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