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16 4 pts Moony Corporation had 20,000 shares of $4 par-value common stock outstanding on January 1, 2019. On January 10, 2019, the firm purchased
16 4 pts Moony Corporation had 20,000 shares of $4 par-value common stock outstanding on January 1, 2019. On January 10, 2019, the firm purchased 2,000 of its outstanding shares for $18 per share. On July 22, 2019, it reissued 1,000 shares at $22 per share. Given this information, the entry to record the reissuance of the stock on July 22 would include a credit to: Common Stock, $4,000 Paid-In Capital-Treasury Stock, $4,000 Retained Earnings, $4,000 Treasury Stock, $4,000 Paid-In Capital- Treasury Stock, $18,000
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