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K Veneto Vineyards reacquired 10,000 shares of its $1 par common stock for $22 per share. What is the journal entry necessary to record
K Veneto Vineyards reacquired 10,000 shares of its $1 par common stock for $22 per share. What is the journal entry necessary to record this transaction? OA. No entry required. OB. Treasury Stock Cash 220,000 220,000 OC. Treasury Stock 10,000 Addl. Paid-in Capital 10,000 OD. Cash 220,000 Treasury Stock 220,000
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