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Bella Donna Company has 90,000 shares of $3 par common stock issued and outstanding as of January 1, 2018. The shares were originally issued for
Bella Donna Company has 90,000 shares of $3 par common stock issued and outstanding as of January 1, 2018. The shares were originally issued for $10 per share. On February 3, 2018, Bella Donna repurchased 8,130 shares at $7 per share for the purposes of retiring them. What will be the balance in Paid in capital in excess of parafter February 3rd transaction? PLEASE SHOW ALL WORK AND EXPLAIN, THANK YOU |
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