Grunted law offices paid 59,000 to buy back 14,000 shares of its $1 par value common stock. The stock was sold later at a selling price of $15 per share. The journal entry to record the sale would...

Grunted law offices paid 59,000 to buy back 14,000 shares of its $1 par value common stock. The stock was sold later at a selling price of $15 per share. The journal entry to record the sale would include a DO NOT ROUND INTERMEDIATE CALCULATIONS -debit to common stock 59,000 Credits to paid in capital from treasury stock transaction 151,000 Credit to common stock 151,000 Credit to paid in capital from treasury stock transactions 59,000

Jun 11, 2022
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