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Business, 05.05.2020 09:55 evarocks352

On December 2, Coley Corp. acquired 1,800 shares of its $3 par value common stock for $22 each. On December 20, Coley Corp. resold 1,400 shares for $14 each. Which of the following is correct regarding the journal entry for the resold shares?

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On December 2, Coley Corp. acquired 1,800 shares of its $3 par value common stock for $22 each. On D...
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