Question
On February 1, 2015, Lord Bolton reacquired 40,000of its $10 par common shares for $12 per share.On June 30, 2015, Bolton reacquired an additional 20,000
On February 1, 2015, Lord Bolton reacquired 40,000of its $10 par common shares for $12 per share.On June 30, 2015, Bolton reacquired an additional 20,000 shares for $14 per share.On November 15, 2015, all treasury stock was reissued at $16 per share.The December 31, 2015 balanceof Additional Paid-in Capital -Treasury Stockwas:
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby, Brandy Mackintosh
4th Canadian edition
978-1259269868, 978-1259103292
