In January 2020, Crane Company, a newly formed company, issued 9500 shares of its $8...
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Accounting
In January 2020, Crane Company, a newly formed company, issued 9500 shares of its $8 par common stock for $13 per share. On July 1, 2020, Crane Company recruired 950 shares of its outstanding stock for $10 per share. The acquisition of these treasury shares O decreased total stockholders' equity. O did not change total stockholders equity. O increased total stockholders' equity O decreased the number of issued shares
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