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The entry to record the purchase of 100 shares of treasury stock purchased for $10 while the market value is $9 per share is: Treasury

The entry to record the purchase of 100 shares of treasury stock purchased for $10 while the market value is $9 per share is:

Treasury stock - common 900

Cash 900

Treasury stock - common 900

Retained earnings 900

Treasury stock - common 1,000

Cash 1,000

Treasury stock - common 1,000

Retained earnings 1,000

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