Business, 10.10.2019 03:00, camdenmorrison

Lem co., which accounts for treasury stock under the par value method, acquired 100 shares of its $6 par value common stock for $10 per share. the shares had originally been issued by lem for $7 per share. by what amount would lem's additional paid-in capital from common stock decrease as a result of the acquisition?

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Lem co., which accounts for treasury stock under the par value method, acquired 100 shares of its $6...