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CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Multiple Choice Question 95 Bonita, Inc. paid $115000 to buy back 5750 shares of its $1 par value
CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Multiple Choice Question 95 Bonita, Inc. paid $115000 to buy back 5750 shares of its $1 par value common stock. This stock was sold later at a selling price of $8 per share. The entry to record the sale includes a debit to Paid-in Capital from Treasury Stock for $115000. credit to Retained Earnings for $5750. credit to Paid-in Capital from Treasury Stock for $5750 debit to retained Earnings for $69000. o Question Attempts: 0 of 1 used SAVE FOR LATER SUBMIT ANSWER docx (MKT3421 group....pdf A (MKT342) group...pdf Show All 31a 21
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