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correct? or no inpany reissues 1,000 shares of treasury stock for $30 per share. The trawy stock was originally repurchased at a cost of $25
correct? or no
inpany reissues 1,000 shares of treasury stock for $30 per share. The trawy stock was originally repurchased at a cost of $25 per share. Which of the following Journal entries would the company record to account for the reissue of the treasury stock? Apts Cash Retained Earnings Treasury Stock $30,000 $5,000 $25.000 O Cash $30.000 Gain on re-issue Treasury Stock $5.000 $25,000 Cash $30.000 Additional Paid in Capital - T/S Treasury Stock $5,000 $25,000 Cash $30,000 $30,000 Treasury Stock None of the above Step by Step Solution
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