Question: I got this annoying problem i just can't solve, please help me, On February 22, Brett Corporation reacquired 200 shares of its $5 par value
I got this annoying problem i just can't solve, please help me, On February 22, Brett Corporation reacquired 200 shares of its $5 par value common stock for $25 each. On March 15, the company reissued 70 shares for $30 each. What is true of the journal entry for reissuing their shares? a. Credit Cash $1,750. b. Credit Additional Paid in Capital $350. c. Debit Treasury Stock $1,750. d. Credit Treasury Stock $2,100
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