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time sensitive, just need answer quickly please/thanks Question 14 2 pts DMC Enterprises reacquired 12,000 shares of its $2 par value Common Stock for $14
time sensitive, just need answer quickly please/thanks
Question 14 2 pts DMC Enterprises reacquired 12,000 shares of its $2 par value Common Stock for $14 per share. What journal entry would be required to record the reacquisition of the stock? Treasury Stock 168,000 Cash 168,000 Cash 168,000 Treasury Stock 168,000 Additional Paid- 24,000 In Capital Cash 24,000 O No entry is required as long as the shares are not retired
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