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A corporations acquires 100,000 shares of treasury stock for $20 per share it later sales...

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Accounting

A corporations acquires 100,000 shares of treasury stock for $20 per share it later sales 10,000 shares of treasury stock for $14 per share at the time of the sell there was a $50,000 balance in the paid in capital from treasury stock account arising from earlier transactions the $1 impact of the sale of retain earning was

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