Bailey Inc issues 100,000 shares at $11 share in January Later that year the company is able to repurchase 9,000 of these shares at $10 per share The effect of this is a decrease to the share capital account of $90,000 an increase to the contributed surplus account of $9,000 a decrease to total sh...

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Bailey Inc.issues 100,000 shares at $11/ share in January.Later that year the company is able to...

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Bailey Inc.issues 100,000 shares at $11/ share in January.Later that year the company is able to...

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