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XYZ Company acquired from shareholders 100 shares of treasury stock for $25 per share. XYZ reissued the same 100 shares of treasury stock for $28

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XYZ Company acquired from shareholders 100 shares of treasury stock for $25 per share. XYZ reissued the same 100 shares of treasury stock for $28 per share. Par value of the stock is $10 per share.The journal entry to record the reissuance of the 100 shares of treasury stock would include the following: a credit to Paid-In Capital from Sale of Treasury Stock of $2,800 a credit to Cash of $2,800 O a credit to Treasury Stock of $2,800 a debit to Treasury Stock of $2,800 a debit to Cash of $2,800

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