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Business, 13.06.2021 04:30 hgiaculliozdjov

On August 1, 2014, Amherst Company reacquired 4,000 shares of its $15 par value common stock for $18 per share. Amherst uses the cost method to account for treasury stock. What journal entry should Amhurst make to record the acquisition of treasury stock?

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On August 1, 2014, Amherst Company reacquired 4,000 shares of its $15 par value common stock for $18...
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