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On January 1, Vermont Corporation had 40,000 shares of $10 par value common stock issued and outstanding. All 40,000 shares had been issued in a prior period at $20.00 per share. On February 1, Vermont purchased 3,750 shares of treasury stock for $24 per share and later sold the treasury shares for $21 per share on March 1. The journal entry to record the purchase of the treasury shares on
February 1, would include a a. credit to Treasury Stock for $90,000 b. debit to Treasury Stock for $90,000 c. debit to a loss account for $112,500 d. credit to a gain account for $112,500
Use an adjective to modify
a. a noun or pronoun. b. a verb. c. another adjective. d. any of the above.
You encourage feedback when you
a. ask closed questions. b. ask for it directly and give reinforcement. c. paraphrase your thoughts. d. none of these choices.
Outlook, by default, displays telephone numbers with no hyphens, spaces, or parentheses
Indicate whether the statement is true or false