Mike corporation repurchased 40 shares of its $32 par value common stock on November 1,...
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Accounting
Mike corporation repurchased 40 shares of its $32 par value common stock on November 1, for $40 per share. On December 1, it reissued 20 of these shares at $41.50 a share. What would Michael credit to the treasury stock account for December 1 entry? (Ok)
$640
$832
$800
$32
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