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Finance Company has never had any treasury stock transactions. On June 1 of the current year, they purchased 100 shares of its common stock (which
Finance Company has never had any treasury stock transactions. On June 1 of the current year, they purchased 100 shares of its common stock (which has a par value of $40) for $20,000. On July they reissued 50 of these shares at $208 per share. What is the balance in the Paid in Capital, Treasury Stock account on July 17 Select one: 0 A. $5,400 B. $ 600 C.5 400 D.$ 800
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