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Treasury Stock
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Treasury Stock
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12. Stockholders' Equity / Treasury Stock / Problem 2
Problem 2
If a company repurchased \$300,000 worth of treasury stock and later sold \$120,000 worth, what is the remaining balance in the treasury stock account?
A
\$0
B
\$120,000
C
\$180,000
D
\$300,000
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