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Question
kaplan manufacturing corporation purchased 2,000 shares of its own previously issued $10 par common stock for $46,000. as a result of this event,
a.kaplans common stock account decreased $20,000
b.kaplans total stockholders equity decreased $46,000
c.kaplans paid-in capital in excess of par value account decreased $26,000
d.all of the above
Answer
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