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A corporation originally issued $8 par value common stock for $16 per share. Which of the following is included in the entry to record the
A corporation originally issued $8 par value common stock for $16 per share. Which of the following is included in the entry to record the purchase of 500shares of treasury stock for $13 per share?
A.Retained Earnings is debited for $3,250
B. Treasury Stock - Common is credited for $80
C. Treasury Stock - Common is debited for $3,250
D. Treasury Stock - Common is debited for $6,500
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