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estion 10 2.5 points Save Answer W&W Corporation had the following stockholders' equity accounts on January 1, 2020: Common Stock (JD1 par) JD10,000,000, Additional Paid-in
estion 10 2.5 points Save Answer W&W Corporation had the following stockholders' equity accounts on January 1, 2020: Common Stock (JD1 par) JD10,000,000, Additional Paid-in Capital JD 500,000, and Retained Earnings JD100,000. In 2020, the company had the following treasury stock transactions Mar 1 Purchased 5,000 shares at JD 14 per share June 1 Sold 1,000 shares at JD15 per share. Sept 1 Sold 2,000 shares at JD 11 per share Dec. 1 Sold 1,000 shares at JD 16 per share. W&W Corporation uses the cost method of accounting for treasury stock. Retained Earnings balance after the treasury stock transaction on Sept 1, is: 105000 100000 106000 95000
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