A company's own stock that it has previously issued and later reacquired is called A. paid - in capital in excess of par - common B. common stock C. treasury stock D. preferred stock Stock that has been issued but may or may not be held by stockholders is A. authorized stock B. treasury stock C. issued stock D. capital stock Morgan Corporation has excess cash to invest and pays $100,000 to buy 7%, five - year bonds of Roberts Corporation, at face value, on June 30,2024 . The bonds pay interest on June 30 and December 31 . Morgan intends to and has the ability to hold the bonds to maturity. The bonds are disposed of, at face value, on June 30 two years later. The journal entry for June 30,2024 is