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15. 3 paints Fose Corporation had a 513,000 credil tatance in Paid-in Captal. Treasury Stock before engaging in the following transactions a. On November 2.

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15. 3 paints Fose Corporation had a 513,000 credil tatance in Paid-in Captal. Treasury Stock before engaging in the following transactions a. On November 2. Rose Comp. repurchases 1,200 shares of is common stock for $23 each b. On December 15, Rose Corp resells Bo0 shares of these shares for $15 each Which of the following is correct regarding the joumal entry on December 15 for the resold shares? Debit Treasury Stock $18,400 Credit Treasury Stock $12,000 Debit Cash, $18,400. Debit Paid-in Capital, Treasury Stock $6,400

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