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On February 22, Brett Corporation acquired 270 shares of its $3 par value common stock for $24 each. On March 15, the company resold 67
On February 22, Brett Corporation acquired 270 shares of its $3 par value common stock for $24 each. On March 15, the company resold 67 shares for $27 each. What is true of the entry for reselling the shares? Multiple Choice 2 Debit Treasury Stock $1,608 Credit Cash $1,608 Credit Additional Paid-in Capital $201 Credit Treasury Stock $1,809
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