A corporation originally issued $6 par value common stock for $10 per share. It purchased...

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Accounting

A corporation originally issued $6 par value common stock for $10 per share. It purchased the stock for $11 per share. Which of the following is included in the entry to record the sale of 50 shares of treasury stock for $13 per share?

PaidminusIn

Capital From Treasury Stock Transactions is credited for $650.

B.

Treasury Stocklong dashCommon is credited for $550.

C.

Treasury Stocklong dashCommon is credited for $650.

D.

PaidminusIn Capital From Treasury Stock Transactions is debited for $100.

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