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help asp On January 3, 2021, REM Inc. repurchased 50,000 shares of treasury stock for $750,000 and sold 10,000 of the treasury shares for $36
help asp On January 3, 2021, REM Inc. repurchased 50,000 shares of treasury stock for $750,000 and sold 10,000 of the treasury shares for $36 per share on March 25, 2021. What entry will REM make to record the sale of the treasury shares on March 25, 2021? Assume that REM uses the cost method to account for its treasury stock transactions O Cash 360,000 Treasury stock 150,000 APIC-Treasury Stock 210,000 O Cash 750,000 Treasury stock 150,000 APIC-Treasury stock 600,000 O Cash 150,000 47 Treasury stock 150.000 O Cash 150,000 Treasury stock 150,000 O Cash 360,000 Treasury stock 150,000 Retained Earnings 210,000
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