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Jane Corp. originally issued $5 par value common stock for $7 per share. Which of the following would record the purchase of 400 shares of

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Jane Corp. originally issued $5 par value common stock for $7 per share. Which of the following would record the purchase of 400 shares of treasury stock for $12 per share? O A Treasury Stock - Common would be credited for $4,800. OB. No journal entry is required. Oc. Treasury Stock - Common would be debited for $4,800. Op. Treasury Stock - Common would be debited for $2,000

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