Business, 05.07.2020 14:01 nockturnal1993
Day Corp. holds 10,000 shares of its $10 par value common stock as treasury stock reacquired in Year 2 for $120,000. On December 12, Year 4, Day reissued all 10,000 shares for $190,000. Under the cost method of accounting for treasury stock, the reissuance resulted in a credit to:
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Day Corp. holds 10,000 shares of its $10 par value common stock as treasury stock reacquired in Year...
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