Business, 03.12.2019 20:31, kristinashau
On december 2, coley corp. acquired 1,000 shares of its $2 par value common stock for $27 each. on december 20, coley corp. reissued 400 shares for $15 each. which of the following is correct regarding the journal entry for the reissued shares?
a. debit cash $ 15,000
b. credit treasury stock $ 10,800
c. credit paid in capital treasury stock $ 5200
d. credit treasury stock $ 6,000
Answers: 1
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On december 2, coley corp. acquired 1,000 shares of its $2 par value common stock for $27 each. on d...
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