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A Company Purchases 800 Shares of Its $50 Par Value

Question 20

Multiple Choice

A company purchases 800 shares of its $50 par value common stock at $55 per share.It then reissues 120 shares at $58 per share.The entry upon reissue of the stock is :


A)
A company purchases 800 shares of its $50 par value common stock at $55 per share.It then reissues 120 shares at $58 per share.The entry upon reissue of the stock is : A) B) C) D)
B)
A company purchases 800 shares of its $50 par value common stock at $55 per share.It then reissues 120 shares at $58 per share.The entry upon reissue of the stock is : A) B) C) D)
C)
A company purchases 800 shares of its $50 par value common stock at $55 per share.It then reissues 120 shares at $58 per share.The entry upon reissue of the stock is : A) B) C) D)
D)
A company purchases 800 shares of its $50 par value common stock at $55 per share.It then reissues 120 shares at $58 per share.The entry upon reissue of the stock is : A) B) C) D)

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