Question
Prior to June 1, a company has never had any treasury stock transactions. A company repurchased 200 shares of its $10 par common stock on
Prior to June 1, a company has never had any treasury stock transactions. A company repurchased 200 shares of its $10 par common stock on June 1 for $50 per share.
Prior to June 1, a company has never had any treasury stock transactions. A company repurchased 200 shares of its $10 par common stock on June 1 for $50 per share On July 1, it reissued 50 of these shares at $55 per share.What is the credit toPaid in Capital, treasury stock required to record this event?
Enter you answer without commas or dollar signs.
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Prior to June 1, a company has never had any treasury stock transactions. A company repurchased 200 shares of its $10 par common stock on June 1 for $50 per share On July 1, it reissued 50 of these shares at $55 per share.On August 1, it reissued 75 treasury shares at $49 per share. What is the balance in the Paid-in Capital, Treasury Stock account on August 2 after all of the events in this and the last two questions are recorded?
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