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Author Question: Dragonstone Corp. purchased 600 shares of the company's issued common stock, paying $14 per share. ... (Read 319 times)

asd123

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on: Feb 18, 2020
Dragonstone Corp. purchased 600 shares of the company's issued common stock, paying $14 per share. To record the purchase, the journal entry will be:
◦ Debit to Treasury Stock $8,400, credit to Common Stock $8,400
◦ Debit to Treasury Stock $8,400, credit to Cash $8,400
◦ Debit to Common Stock $8,400, credit to Cash $8,400
◦ No journal entry is needed.
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by asd123 on Feb 18, 2020

prumorgan

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Reply #1 on: Feb 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Tyler Pond

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Reply #2 on: May 11, 2020
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