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When the reacquisition price of the shares is higher than the average price per share issued to date, assuming no balance in the Contributed Capital
When the reacquisition price of the shares is higher than the average price per share issued to date, assuming no balance in the Contributed Capital Surplus account, the recording of the transaction would involve: A credit to share capital equal to the average paid-in value per issued share A credit to the other contributed capital account O A debit to the other contributed capital account O A debit to retained earnings
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