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Business, 13.03.2020 22:53 lily539711

On December 31, 20X4, Pack Corp.'s Board of Directors canceled 50,000 shares of $2.50 par value common stock held in treasury at an average cost of $13 per share. Before recording the cancellation of the treasury stock, Pack had the following balances in its stockholders' equity accounts:

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On December 31, 20X4, Pack Corp.'s Board of Directors canceled 50,000 shares of $2.50 par value comm...
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