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The first image is the original question, the rest are the answer choices for each box. Question 6 2.5 pts Microsoft purchases 250m of its
The first image is the original question, the rest are the answer choices for each box.
Question 6 2.5 pts Microsoft purchases 250m of its own shares for $140/share. The journal entry to record the purchase is a: DR [Select] CR [Select] If Microsoft resells 100 shares of the Treasury stock for $145/share the journal to record the sale is: DR [Select] Select] CR [Select] Question 6 2.5 pts Microsoft purchases 250m of its own shares for $140/share. The journal entry to record the purchase is a: Di [Select ] PIC-Treasury Stock $35,000m Retained Earnings $35,000m Treasury Stock $35,000m Cash $35,000m If Microsoft resells 100 shares of the Treasury stock for $145/share the journal to record the sale is: DR [Select] CR [Select] CR [Select] Question 6 2.5 pts Microsoft purchases 250m of its own shares for $140/share. The journal entry to record the purchase is a: DR [Select] [Select ] Treasury Stock $35,000m Retained Earnings $35,000m If Mic PIC-Treasury Stock $35,000m Cash $35,000m DR [Select] easury stock for $145/share the journal to record the sale is: easury stock for $145/share the CR [Select ] CR [ Select] Question 6 2.5 pts Microsoft purchases 250m of its own shares for $140/share. The journal entry to record the purchase is a: DR [Select] CR [Select] If Microsoft resells 100 shares of the Treasury stock for $145/share the journal to record the sale is: DA [Select 1 Cash $14,500 PIC-Treasury Stock $45,000 Treasury Stock $45,000 CR [Select ] Question 6 2.5 pts Microsoft purchases 250m of its own shares for $140/share. The journal entry to record the purchase is a: DR [Select ] CR [Select] If Microsoft resells 100 shares of the Treasury stock for $145/share the journal to record the sale is: DR [Select] CF [Select ] PIC-Treasury Stock $14,500 Cash $14,500 Treasury Stock $14,000 Treasury Stock $14,500 Question 6 2.5 pts Microsoft purchases 250m of its own shares for $140/share. The journal entry to record the purchase is a: DR [Select] CR [Select] If Microsoft resells 100 shares of the Treasury stock for $145/share the journal to record the sale is: DR [Select] CR [Select] [Select ] Treasury Stock $14,500 PIC-Treasury Stock $500 Treasury Stock $500 PIC-Treasury Stock $14,000Step by Step Solution
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