On September 14,2021, Grouper Company reacquired 15400 shares of its $1 par value common stock...
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Accounting
On September Grouper Company reacquired shares of its $ par value common stock for $ per share. Grouper uses the cost method to account for treasury stock. The journal entry to record the reacquisition of the stock should debit
Treasury Stock for $
Common Stock for $ and Paidin Capital in Excess of Par for $
Treasury Stock for $
Common Stock for $
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