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Blossom Company purchased 5600 shares of its own previously issued $10 par common stock for $168000. As a result of this event, O Blossom's Common

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Blossom Company purchased 5600 shares of its own previously issued $10 par common stock for $168000. As a result of this event, O Blossom's Common Stock account decreased 556000, Blossoms total stockholders equity decreased $168000. Blossom's Paid-in Capital in Excess of Par Value account decreased 5112000 All of these answer choices are correct

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