A corporation originally issued $13 par value common stock for $15 per share. Which of the following is included in the entry to record the purchase of 300 shares of treasury stock for $11 per share?
A) Treasury Stock-Common is debited for $3,300.
B) Treasury Stock-Common is credited for $45.
C) Retained Earnings is debited for $1,650.
D) Treasury Stock-Common is debited for $1,650.
A .A) Total amount debited to Treasury Stock—Common = No. of shares x purchase price per share =
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