Question: A corporation does not make a journal entry when: Multiple Choice the corporation sells its treasury stock for cash to an investor. shares are repurchased

A corporation does not make a journal entry when:

Multiple Choice

  • the corporation sells its treasury stock for cash to an investor.

  • shares are repurchased by the corporation at a price greater than their issue price.

  • a shareholder exchanges the shares for cash with a different investor.

  • shares are repurchased by the corporation at a price less than their issue price.

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