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Business, 08.01.2020 06:31 natasniebow
1- prior to june 1, a company has never had any treasury stock transactions. a company repurchased 200 shares of its $10 par common stock on june 1 for $50 per share on july 1, it reissued 50 of these shares at $55 per share. what is the credit to paid in capital, treasury stock required to record this event? 2- prior to june 1, a company has never had any treasury stock transactions. a company repurchased 200 shares of its $10 par common stock on june 1 for $50 per share on july 1, it reissued 50 of these shares at $55 per share. on august 1, it reissued 75 treasury shares at $49 per share. what is the balance in the paid-in capital, treasury stock account on august 2 after all of the events in this and the last two questions are recorded?
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