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Exercise 11-12A (Algo) Treasury stock transactions LO 115 Elroy Corporation repurchased 2,800 shares of its own stock for $30 per share. The stock has a
Exercise 11-12A (Algo) Treasury stock transactions LO 115 Elroy Corporation repurchased 2,800 shares of its own stock for $30 per share. The stock has a par of $10 per share. A month later, Elroy resold 700 shares of the treasury stock for $38 per share. Required What is the balance of the Treasury Stock account after these transoctions
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