Solution-Treasury stock account shows a balance of

Treasury stock account shows a balance of

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Copper, Inc. initially issued 100,000 shares of $1 par value stock for $500,000 in 2013. In 2015, the company repurchased 10,000 shares for $100,000.

In 2016, 5,000 of the repurchased shares were resold for $80,000. In its balance sheet dated December 31, 2016, Copper, Inc.'s Treasury Stock account shows a balance of?

Reference no: EM132315932

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Treasury stock account shows a balance of : Copper, Inc. initially issued 100,000 shares of $1 par value stock for $500,000 in 2013. In 2015, the company repurchased 10,000 shares for $100,000.

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Treasury stock account shows a balance of

Reference no: EM132315932

Reference no: EM132315932

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