Q10-65. A company paid $25 per share to purchase 600 shares of its ordinary shares as treasury shares. The shares were originally issued at $18 per share. The journal entry to record the purchase of the treasury shares is:

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12345678917777 14 A a. A1 Treasury shares Cash b. Ordinary shares Cash C D 15,000 15,000 15,000 15,000 C. Treasury shares 7,500 Paid-in capital in excess of par 7,500 Cash 15,000 10 d. Treasury shares 10,800 Retained earnings 4,200 Cash 15,000