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On February 22, ABC Company acquired 180 shares of its $5 par value common stock for $27 each. On March 15, the company resold 62
On February 22, ABC Company acquired 180 shares of its $5 par value common stock for $27 each. On March 15, the company resold 62 shares for $32 each. What is true of the entry for reselling the shares? Multiple Choice Credit Treasury Stock $1,984 Debit Treasury Stock $1,674 Credit Additional Paid-in Capital $310 Credit Cash $1,674
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