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Question 11 4 pts On November 15th, Houston Corporation repurchased 1,000 shares of its $5 par value common stock for $10 per share. On December

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Question 11 4 pts On November 15th, Houston Corporation repurchased 1,000 shares of its $5 par value common stock for $10 per share. On December 20th, Houston Corporation reissued 500 of the shares it repurchased on November 15th for $13 per share. The journal entry to record the December 20th transaction would be: debit Cash $6,500, credit Treasury Stock $2,500, credit Paid in Capital - Treasury Stock $4,000 debit Treasury Stock $6,500, credit Cash $6,500 debit Cash $6,500, credit Treasury Stock $5,000, credit Paid in Capital - Treasury Stock $1,500 debit Cash $2,500, credit Common Stock $2,500

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