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Xiaoli Corp. repurchases 1000 of their shares into treasury at $45 per share (the shares are not retired). Indicate the effect of this transaction on
Xiaoli Corp. repurchases 1000 of their shares into treasury at $45 per share (the shares are not retired). Indicate the effect of this transaction on the following equity accounts:
Enter zero if there is no effect on a particular account. Use a minus sign to indicate negative amounts. Do not include a dollar sign when entering values.
Common Stock:
Additional Paid in Capital:
Treasury Stock:
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