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    Principles of Financial Accounting
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    Exam 14: Corporations: Additional Topics and IFRS
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    On March 21, Charlotte Inc
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On March 21, Charlotte Inc

Question 8

Question 8

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On March 21, Charlotte Inc. reacquired 2,000 of its common shares at a price of $2.00 per share. The balance in the Common Share account is $200,000 and 90,000 shares are issued.

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