As of January 1, 2021 Transverse Ltd. had 100,000 common shares issued and outstanding, that were originally issued for $10.00 per share. On May 1, 2021 the company repurchased 10,000 of those shares paying $12.00 per share. In recording this transaction, a debit of $20,000 is recorded to Select answer from the options below Accumulated Other Comprehensive Income. Common Shares. Contributed Surplus Retained Earnings