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Business, 02.01.2020 23:31 sanociahnoel

Marina, inc., acquires 1 million shares of its own $1 par value common stock at $70 per share. it later resells the 1 million shares of treasury stock for $75. we record the $5 difference per share as a: a. gain in the income statement, b. revenue in the income statement, c. credit to additional paid-in capital, d. credit to common stock.

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Marina, inc., acquires 1 million shares of its own $1 par value common stock at $70 per share. it la...

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