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Prior to June 30, a company has never had any treasury stock transactions. A company repurchased 100 shares of its $1 par common stock on

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Prior to June 30, a company has never had any treasury stock transactions. A company repurchased 100 shares of its $1 par common stock on June 30 for $40 per share. On July 20, it reissued 50 of these shares at $46 per Share On August 1, it reissued 20 of the shares at $38 per share. What is the journal entry necessary to record the reissuance of treasury stock on July 20? Multiple Choice Debit Common Stock $20. debit Treasury Stock $2.290credit Cash $2,300 Debit Cash $2.300, credit Treasury Stock $2,300 Debit Common Stock $2.300: Credit Cash $2.300 Debit Common Stock $2,300 credit Treasury Stock $2,000 credit Paid in Capital, Treasury Stock $300 Debt Cosh 52 300 Credit Paid in Capital, Treasury Stock $300, credit Treasury Stock 52.000

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