Question
Land Corporation reported the following: Common Stock, $5.00 par,209,000 shares authorized,179,000 shares issued $895,000 Paid in Capital in Excess of ParCommon 203,000 Retained Earnings 232,000
Land Corporation reported the following:
| Common Stock, $5.00 par,209,000 shares authorized,179,000 shares issued | $895,000 |
| Paid in Capital in Excess of ParCommon | 203,000 |
| Retained Earnings | 232,000 |
| Total Stockholders' Equity | $1,330,000 |
Which of the following is included in the entry to record thecorporation's purchase of 40,000 shares of its common stock for $14.50 per share?
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Cost Accounting Principles And Managerial Applications
Authors: Gerald R. Crowningshield
3rd Edition
0395178371, 978-0395178379
