The following selected transactions occurred for Corner Corporation: Feb. 10 Purchased 560 shares of the...
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Accounting
The following selected transactions occurred for Corner Corporation: Feb. 10 Purchased 560 shares of the companys own common stock at $36 cash per share; the stock is now held in treasury. July 31 Issued 180 of the shares purchased on February 1 for $46 cash per share. Sept. 30 Issued 140 more of the shares purchased on February 1 for $31 cash per share.
What is the amount of Treasury Stock account balance on September 30?
a. $7,540
b. $13,680
c. $8,640
d. None of the answer choices are correct.
e. $6.480
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