Business, 26.11.2019 01:31 kristinashau
Horton co. was organized on january 2, 2012, with 500,000 authorized shares of $10 par value common stock. during 2012, horton had the following capital transactions: january 5âissued 375,000 shares at $14 per share. july 27âpurchased 25,000 shares at $11 per share. november 25âsold 20,000 shares of treasury stock at $13 per share. horton used the cost method to record the purchase of the treasury shares. what would be the balance in the paid-in capital from treasury stock account at december 31, 2012?
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Horton co. was organized on january 2, 2012, with 500,000 authorized shares of $10 par value common...
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