Quiz#10_CH11_and 12_Solution

Cash received from the sale of long term assets

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Unformatted text preview: ommon Stock (12,000 shs x $0.02)     Additional Paid-in Capital (12,000 shs x ($14.20 - $0.02)) Sept 1        240 170,160 Treasury Stock (1,000 shs x $18)   18,000     Cash Dec 1 Cash (200 shs ...
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