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Which the entry to record the reissue would

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Problem 1: 1. In March, Justin Company acquired 2,000 shares of treasury stock for $18 per share. In April, it reissues 400 shares at $20 per share. The entry to record the reissue would include which of the following?

a. a credit to Paid-in Capital From Treasury Stock of $800
b. a gain of $800
c. a credit to Treasury Stock of $8,000
d. a credit to Retained Earnings of $800

Reference no: EM132688966

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