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When a company sells Treasury stock for more than it paid for it the cost of the stock is removed from the Treasury Stock account
When a company sells Treasury stock for more than it paid for it the cost of the stock is removed from the Treasury Stock account and
| Gain from the Sale of Treasury Stock is credited |
| Paid-In Capital from Treasury Stock is debited |
| Cash is credited |
| Paid-In Capital from Treasury Stock is credited |
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Continuous Auditing Theory And Application
Authors: David Y. Chan, Victoria Chiu
1st Edition
1787434141, 978-1787434141
