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Greene Corporation Sells 300 Shares of Common Stock Being Held

Question 43

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Greene Corporation sells 300 shares of common stock being held as an investment. The shares were acquired six months ago at a cost of $50 a share. Greene sold the shares for $40 a share. The entry to record the sale is


A) Greene Corporation sells 300 shares of common stock being held as an investment. The shares were acquired six months ago at a cost of $50 a share. Greene sold the shares for $40 a share. The entry to record the sale is A) Stock Investments 15,000 B) C) D)
Stock Investments 15,000
B) Greene Corporation sells 300 shares of common stock being held as an investment. The shares were acquired six months ago at a cost of $50 a share. Greene sold the shares for $40 a share. The entry to record the sale is A) Stock Investments 15,000 B) C) D)
C) Greene Corporation sells 300 shares of common stock being held as an investment. The shares were acquired six months ago at a cost of $50 a share. Greene sold the shares for $40 a share. The entry to record the sale is A) Stock Investments 15,000 B) C) D)
D) Greene Corporation sells 300 shares of common stock being held as an investment. The shares were acquired six months ago at a cost of $50 a share. Greene sold the shares for $40 a share. The entry to record the sale is A) Stock Investments 15,000 B) C) D)

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