A company reissued (i.e., resold) 100 shares of treasury stock into the market at a price of $50 per share. The treasury shares had been purchased months earlier from individual investors at a cost of $45 per share. Which of the following would be the correct journal entry to record the re-issuance? O debit Cash $5,000; credit Treasury Stock for $4,500; credit Additional Paid-in Capital- Treasury Stock for $500 O Debit Cash $5,000; credit Treasury Stock $5,000 Debit Cash $4,500; credit Treasury Stock $4,500 Debit Treasury Stock $4,500; debit Retained Earnings $500; Credit Cash $5,000 Question 8 1 pts The journal entry that is made by the accountant on the date of payment of a cash dividend includes a: O debit to Dividends Payable O credit to Dividends Payable O debit to Cash O credit to Retained Earnings Question 9 1 pts A company purchased equipment with a fair value of $100,000 by giving 10,000 shares of its $1 par value Common Stock. The company's stock is not actively traded on the stock market. Which of the following is the correct journal entry to record the purchase? O debit Equipment for $100,000; credit Common Stock, $1 par for $10,000; credit Additional Paid in Capital Common Stock for $90,000 O Debit Equipment for $100,000; Credit Common Stock, $1 par for $100,000 O debit Equipment for $100,000; credit Common Stock, $1 par for $10,000; credit Gain on Sale for $90,000