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A corporation originally issued $6 par value common stock for $10 per share. It purchased the stock for $11 per share. Which of the following
A corporation originally issued $6 par value common stock for $10 per share. It purchased the stock for $11 per share. Which of the following is included in the entry to record the sale of 50 shares of treasury stock for $13 per share?
PaidminusIn
Capital From Treasury Stock Transactions is credited for $650.
B.
Treasury Stocklong dashCommon is credited for $550.
C.
Treasury Stocklong dashCommon is credited for $650.
D.
PaidminusIn Capital From Treasury Stock Transactions is debited for $100.
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