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Business, 12.12.2019 00:31 chinyere614

Kaplan purchased 2500 shares of its own previously issued $10 par common stock for $62500. as a result of this event,

a. kaplan’s common stock account decreased $25000.
b. kaplan’s total stockholders’ equity decreased $62500.
c. kaplan’s paid-in capital in excess of par value account decreased $37500.
d. all of these answer choices are correct.

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