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Business, 24.08.2021 23:50 jagmeetcheema

Bonita Manufacturing Corporation purchased 4900 shares of its own previously issued $10 par common stock for $110000. As a result of this event:. a. evergreen’s Common Stock account decreased $49000.
b. evergreen’s total stockholders’ equity decreased $110000.
c. evergreen’s Paid-in Capital in Excess of Par account decreased $61000.
d. all of these answers are correct.

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Bonita Manufacturing Corporation purchased 4900 shares of its own previously issued $10 par common s...

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