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Business, 16.12.2020 16:40 genyjoannerubiera
A company resells 400 shares of its own common stock for $20 per share. The company has acquired these shares two months before for $15 per share. The resale of this stock would be recorded with a:.
A) Debit to Common Stock for $8,000
B) Credit to Treasury Stock for $8,000
C) Credit to Additional Paid-In Capital for $2,000
D) Debit to Additional Paid-In Capital for $2,000
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A company resells 400 shares of its own common stock for $20 per share. The company has acquired the...
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