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The Following Two Items Are Disclosed in the Shareholders' Equity

question 128

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The following two items are disclosed in the shareholders' equity section of Riverside Corporation's December 31, 2009, balance sheet: Treasury share (200 shares, at cost)  $2,000 Share premium: treasuy share transactions $1,000\begin{array}{llr} \text {Treasury share (200 shares, at cost) } &\$2,000\\ \text { Share premium: treasuy share transactions } &\$1,000\end{array}
If the company had reacquired 700 treasury shares in February of 2009, then for what amount was the other treasury share sold for during 2009?

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Definitions:

Repressed Conflicts

Unresolved, often unconscious, conflicts that lead to psychological distress or behaviors, according to psychoanalytic theories.

Phobias

Intense, irrational fears of specific objects, situations, or activities that lead to avoidance behavior.

Unconditioned

Refers to stimuli or responses that occur naturally without any prior learning or conditioning.

Specific Stimulus

A distinct environmental cue that elicits a particular response from an organism.

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