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Business, 30.11.2019 02:31 briannawoods13

California surf clothing company issues 1,000 shares of $1 par value common stock at $17 per share.

later in the year, the company decides to repurchase 100 shares at a cost of $20 per share.

required:

record the transaction if california surf reissues the 100 shares of treasury stock at $22 per share.

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California surf clothing company issues 1,000 shares of $1 par value common stock at $17 per share.<...
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