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Assume that a company paid $12 per share to purchase 2,000 shares of its $2...

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Accounting

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Assume that a company paid $12 per share to purchase 2,000 shares of its $2 par common stock as treasury stock. The purchase of treasury stock A. decreased total equity by $24,000 B. decreased total equity by $4,000 C. increased total equity by $24,000 D. increased total equity by $4,000

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