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Question Help Rosiland, Inc. purchases 13,000 shares of its previously issued $4.00 par value common stock for $260.00 per share. Which of the following is

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Question Help Rosiland, Inc. purchases 13,000 shares of its previously issued $4.00 par value common stock for $260.00 per share. Which of the following is the correct journal entry to record this transaction? A. Debit Common Stock-$4.00 Par Value $3,380,000, and credit Cash $3,380,000. B. Debit Treasury Stock-Common $3,380,000, and credit Cash $3,380,000. C. Debit Cash $3,328,000, and credit Paid - In Capital in Excess of ParCommon $3,328,000. D. Debit Cash $3,328,000, and credit Treasury StockCommon $3,328,000

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