Previously, Feinberg Corporation repurchased 1,000 shares of its $0.05 par value common stock for $25 per share. Today, the company reissues 500 shares of its treasury stock for $26 per share. Prepare the appropriate journal entry to record the reissuance of the shares.
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Previously, Feinberg Corporation repurchased 1,000 shares of its $0.05 par value common stock for $2...
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