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Author Question: Lannister, Inc. reacquired 5,000 shares of its $19-par common stock for $13/share. The debit to ... (Read 91 times)

future617RT

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Lannister, Inc. reacquired 5,000 shares of its $19-par common stock for $13/share. The debit to Treasury Stock will be:
◦ $65,000.
◦ $95,000.
◦ $30,000.
◦ based on the last treasury stock transaction.


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Marked as best answer by future617RT on Feb 18, 2020

CAPTAINAMERICA

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future617RT

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Reply 2 on: Feb 18, 2020
Excellent


ebonylittles

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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