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Discuss what is the balance in the common stock account

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Reference no: EM131768100

Blackland Corporation originally issued 15,000 shares of $10 par value common stock. The original issue price was $15 per share. During the current year, 1,000 of these shares were reacquired for $20 each. What is the balance in the Common Stock account after the reacquisition?

Reference no: EM131768100

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