What effect does this transaction have on revenue or
A corporation reacquires 10,000 shares of its own $25 par common stock for $450,000, recording it at cost.
(a) What effect does this transaction have on revenue or expense of the period?
(b) What effect does it have on stockholders' equity?
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a corporation reacquires 10000 shares of its own 25 par common stock for 450000 recording it at costnbspa what effect
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