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Llewelyn Company purchased 3,600 shares of its own $8 par value common stock when the market price of the stock was $34 per share. Which
Llewelyn Company purchased 3,600 shares of its own $8 par value common stock when the market price of the stock was $34 per share. Which of the following Journal entries would be used to record the purchase of treasury stock? Multiple Choice 28,800 Treasury stock Paid-in capital in excess of par Common 28, sec O 122,400 Treasury stock Cash 122,400 122,400 Treasury stock Common stock Paid-in capital in excess of par Common 28,800 93,600 122,400 Cash Treasury stock Paid-in capital in excess of par - Common 28,800 93,600
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