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On September 4th, Southem Health Corp reacquired 2,000 shares of its common stock at $25 per share on December 15th, they sold 1,500 of the

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On September 4th, Southem Health Corp reacquired 2,000 shares of its common stock at $25 per share on December 15th, they sold 1,500 of the reacquired shares for $30 per share. Which of the following entries is required on December 15th? DEBIT Cash $45,000, CREDIT Treasury Stock $37.500, CREDIT Paid-in Capital $7,500 DEBIT Cash $50,000, CREDIT Treasury Stock $50,000 DEBIT Cash $45,000 CREDIT Treasury Stock $45,000 DEBIT Cash $45,000 CREDIT Treasury Stock 57,500, CREDIT Paid in Capital $37,500 000

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