Question: Dec. 2 0 : Sold 1 , 0 0 0 shares of the treasury stock for cash of $ 1 per share. ( Assume the

Dec. 20: Sold 1,000 shares of the treasury stock for cash of $1 per share. (Assume the balance in Paid-In Capital from Treasury Stock Transactions on December 20 is $2,400.)
\table[[Date,Accounts,Debit,Credit],[Dec.20,Cash,,],[Paid-In Capital from Treasury Stock Transactions,,2400]]
Dec. 20: Sold 1,000 shares of the treasury stock for cash

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