January 1, 2012 - Company issues $10,000,000 of no par common shares at $10 each. DR. Cash $10,000,000 CR. Common shares $10,000,000 January 1, 2018 - Company reacquires 100,000 common shares in the open market at $8 each and cancels them immediately. There were no other capital transactions and the company had not paid any dividends. and credit On January 1, 2018, the company would debit (DR.) common shares for Type your answer here (CR.) cash for Type your answer here

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