Question
EmmaConsulting had previously purchased3,026 shares of treasury stock for $5 per share.Emma thensold 1,284 shares of the treasurystock for $11 per share. The credit to
EmmaConsulting had previously purchased3,026 shares of treasury stock for $5 per share.Emma thensold 1,284 shares of the treasurystock for $11 per share.
Thecredittotreasury stockto record the salewould be $_________
After the sale, the balance in Treasury stock account will be $______
please explain
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