Rakish Co. purchases 3,500 shares of the company's $6 par value common stock for $8 per share. It later sells 2,000 shares for $12 per share. Please provide the journal entry for the sale of the treasury stock.
Definitions:
Kyoto Protocol
An international treaty that commits state parties to reduce greenhouse gas emissions, based on the scientific consensus that global warming is occurring and that human-made CO2 emissions are a significant cause.
Global Greenhouse Gas Emissions
The total emissions of greenhouse gases worldwide, contributing to global warming and climate change.
Curb
To check, restrain, or control an action or development, often used in the context of regulations or policies designed to limit certain behaviors.
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