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Wildhorse Corp. reacquired 10500 of its common shares at a market price of ( $ 1.51 ) per share. The average per share amount of
Wildhorse Corp. reacquired 10500 of its common shares at a market price of \\( \\$ 1.51 \\) per share. The average per share amount of the shares is \\( \\$ 1.88 \\). The entry to record the reacquisition would include a credit to Contributed Surplus for \\( \\$ 3885 \\) credit to Retained Earnings for \\( \\$ 19740 \\) debit to Common Shares for \\( \\$ 15855 \\) debit to Loss on Repurchase of Common Shares for \\( \\$ 3885 \\)
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