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Business, 17.12.2021 02:00 deeyoung92

On April 16, Year 1, Rodriguez Corporation reacquired 12,000 shares of its own $10 par stock for $660,000 cash. On November 4, Year 2, 1,000 of the treasury shares were reissued at a price of $65 per share. The journal entry to record the reissuance of the 1,000 shares of stock on November 4 includes a:

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On April 16, Year 1, Rodriguez Corporation reacquired 12,000 shares of its own $10 par stock for $66...

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