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Question 3 2 pts Scooby Snacks issues 10,000 of $20 par value common stock for $50 per share. Later in the year, the company decides

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Question 3 2 pts Scooby Snacks issues 10,000 of $20 par value common stock for $50 per share. Later in the year, the company decides to purchase 1,000 shares at a cost of $38 per share. Record the transaction if Scooby Snacks resells the 1,000 shares of treasury stock at $60 per share. Debit Credit Cash $10,000 [Select) [Select) [Select) [Select) Scooby Snacks issues 10,000 of $20 par value common stock for $50 per share. Later in the year, the company decides to purchase 1,000 shares at a cost of $38 per share. Record the transaction if Scooby Snacks resells the 1,000 shares of treasury stock at $60 per share. [Select) Service Revenue Debit Credit Accounts Receivable $10,000 Interest Revenue > Cash [Select) [Select) [Select) [Select] Scooby Snacks issues 10,000 of $20 par value common stock for $50 per share. Later company decides to purchase 1,000 shares at a cost of $38 per share. Record the tran Snacks resells the 1,000 shares of treasury stock at $60 per share. Debit Credit Cash $10,000 [Select] [ Select ] Preferred Stock Treasury Stock Service Revenue Common Stock [Select] Scooby Snacks issues 10,000 of $20 par value common stock for $50 F company decides to purchase 1,000 shares at a cost of $38 per share. Snacks resells the 1,000 shares of treasury stock at $60 per share. Debit Cash $10,000 [Select) [ Select ] Retained Earnings Preferred Stock Additional Paid-in Capital Common Stock

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