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Refer to Case 1 4 . 2 . Which of the following would be included in the entry to record the corporation's purchase of 1

Refer to Case 14.2. Which of the following would be included in the entry to record the
corporation's purchase of 10,000 shares of its common stock for $7.50 per share?
A) Common stock would be credited for $50,000
B) Paid-in capital from treasury stock transactions would be credited for $70,000.
C) Treasury stock would be debited for $75,000.
D) Retained earnings would be debited for $75,000.
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