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MC 102 Kaplan Manufacturing Corporation purchased 2,500 shares of its own previously issued $10 par common stock for $62,500. As a result of this event

MC 102 Kaplan Manufacturing Corporation purchased 2,500 shares of its own previously issued $10 par common stock for $62,500. As a result of this event (for purposes of this class), Kaplan's Common Stock account decreased $25,000. Kaplan's total stockholders' equity decreased $62,500. Kaplan's Paid-in Capital in Excess of Par Value account decreased $37,500. All of these answer choices are correct. a. b. C. d. nt Fact %Daily Val 5g 400 mg 2% 8% on a 2.000 calorin die Bynap, Sugar, Pecti de Acid, Natural Paim Le Concentrate (Color)
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Kaplan Manufacturing Corporation purchased 2,500 shares of its own previously issued $10 par common stock for $62,500. As a result of this event (for purposes of this class), a. Kaplan's Common Stock account decreased $25,000. b. Kaplan's total stockholders' equity decreased $62,500. c. Kaplan's Paid-in Capital in Excess of Par Value account decreased $37,500. d. All of these answer choices are correct

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