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Kristy Corporation paid $24 per share to purchase 200 shares of its common stock as treasury stock. The stock was originally issued at $15 per
Kristy Corporation paid $24 per share to purchase 200 shares of its common stock as treasury stock. The stock was originally issued at $15 per share. Which of the following would be the journal entry that Kristy would make to record the purchase of the treasury stock? Journal Entry Common Stock Cash Journal Accounts Treasury Stock Retained Earings Click to select your answer Kristy Corporation paid $24 per share to purchase 200 shares of its common stock as treasury stock. The stock was originally issued at $15 per share. Which of the following would be the joumal entry that Kristy would make to record the purchase of the treasury stock? Date Journal Entry Accounts Credit Treasury Stock Tre Debit 3,000 1.800 Debit Credit Treasury Stock 4.800 Click to select your
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