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Question 12 O a.50 On January 1, Star Corp sold 10,000 shares of stock at $26 per share. Later in the year, Star Corp. acquired

Question 12 O a.50 On January 1, Star Corp sold 10,000 shares of stock at $26 per share. Later in the year, Star Corp. acquired all the shares from the market paying $28 per share Assuming the cost method is used, what is the debit to common stock from this transaction? (Lesson 12.3) (If you do not know this JE, you should review it) b. $260,000 O c. $20,000 0.385 points (Extra Credit) d. $280,000 Saved
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On January 1, Star Corp sold 10,000 shares of stock at $26 per share. Later in the year, Star Corp acquired all the shares from the market paying $28 per share Assuming the cost method is used, what is the debit to common stock from this transaction? (Lesson 12.3 ) (if you do not know this JE, you should revew it) a.s0. b. $260,000 c. $20,000 d. $280,000

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