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Business, 09.02.2022 03:10 mainsc0324

Elroy Corporation repurchased 3,500 shares of its own stock for $30 per share. The stock has a par of $15 per share. A month later Elroy resold 875 shares of the treasury stock for $38 per share. Required What is the balance of the Treasury Stock account after these transactions are recognized

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Elroy Corporation repurchased 3,500 shares of its own stock for $30 per share. The stock has a par o...
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