Question: When shares are repurchased at more than their original issue price, then held in treasury or cancelled, the journal entry potentially includes which of the

When shares are repurchased at more than their original issue price, then held in treasury or cancelled, the journal entry potentially includes which of the following components?

Account Debit to share capital Debit to contributed surplus Debit to treasury

Account Debit to share capital Debit to contributed surplus Debit to treasury shares Debit to loss on share retirement Debit to retained earnings Debit to accumulated other comprehensive income (AOCI) Transaction potentially affects this account in the manner indicated (Yes/No)

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