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Treasury stock that had been purchased for $5,500 last month was reissued this month for $6,500. The journal entry to record the reissuance would include

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Treasury stock that had been purchased for $5,500 last month was reissued this month for $6,500. The journal entry to record the reissuance would include a credit to a. Paid-In Capital from Sale of Treasury Stock for $6,500. b. Paid-in Capital in Excess of Par-Common Stock for $1,000 c. Paid-In Capital from Sale of Treasury Stock for $1,000. d. Treasury Stock for $6,500

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