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Business, 28.11.2019 04:31 mastershadow2018

Leary manufacturing corporation purchased 5,000 shares of its own previously issued $10 par common stock for $125,000. as a result of this event, a. leary’s common stock account decreased $50,000. b. leary’s total stockholders’ equity decreased $125,000. c. leary’s paid-in capital in excess of par value account decreased $75,000. d. all of these answer choices are correct.

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