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Question 22 3.75 pts On December 2, Coley Corp. acquired 1,000 shares of its $2 par value common stock for $27 each. On December 20,

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Question 22 3.75 pts On December 2, Coley Corp. acquired 1,000 shares of its $2 par value common stock for $27 each. On December 20, Coley Corp. resold 400 shares for $15 each. Which of the following is correct regarding the journal entry for the resold shares? O Debit Cash $15,000. O Credit Additional Paid in Capital $4,800. o crt: Treasury Stock $10,800. o Credit Additional Paid in Capital $5,200. Credit Treasury Stock $6,000. 3.75 pts Question 23 Question 25 3.75 pts The issuer of a 100% common stock dividend (large stock dividend) to common stockholders should credit common stock for an amount equal to the O Minimum legal requirements. O Market value of the shares issued. o ok value of the shares issued. O None of the other answer choices are correct. O Par value of the shares issued. Question 26 3.75 pts

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