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On March 15, Forsyth Corporation acquired 300 shares of its $5 par value common stock for $25 each. On March 30, the company resold
On March 15, Forsyth Corporation acquired 300 shares of its $5 par value common stock for $25 each. On March 30, the company resold 80 shares for $30 each. What entry would be recorded for the resell of the shares? Option A. Account Cash Common Stock Paid-in Capital, Treasury B. Cash Treasury Stock Paid-in Capital, Treasury C. Cash Treasury Stock Paid-in Capital, Treasury D. Cash Common Stock Paid-in Capital, Treasury DR CR 2,400 400 2,000 2,400 2,000 400 2,400 400 2,000 2,400 2,000 400
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