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The company in the previous question purchased 40,000 shares of its own common stock for $14.00 per share. The proper journal entry will contain: a560,000debittocasha560,000credittocasha560,000credittotreasurystocka560,000credittocommonstocka560,000debittotreasurystock

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The company in the previous question purchased 40,000 shares of its own common stock for $14.00 per share. The proper journal entry will contain: a560,000debittocasha560,000credittocasha560,000credittotreasurystocka560,000credittocommonstocka560,000debittotreasurystock none of the above

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