Question
The entry to record the sale of 100 shares of treasury stock purchased for $10 and sold for $9 per share is: Treasury Stock- common
The entry to record the sale of 100 shares of treasury stock purchased for $10 and sold for $9 per share is:
The entry to record the sale of 100 shares of treasury stock purchased for $10 and sold for $9 per share is:
| | Treasury Stock- common 900 Additional paid-in capital (or retained earnings) 100 Retained earnings 1,000 |
| | Cash 900 Additional paid-in capital (or retained earnings) 100 Treasury Stock- common 1,000 |
| | Cash 900 Treasury Stock- common 900 |
| | Treasury Stock- common 900 Retained earnings 900 |
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Expert Systems In Auditing
Authors: J C Van Dijk, Paul Williams, Michael P. Cangemi
1st Edition
