As you can see here on the bottom right of this question; it asks: Shares sold at $10 per share

On the right side where it says Treasury stock; shouldn't the the entries look like this instead:

Dr. Cash 10

Cr. Treasury stock 10

Why is share repurchases debited by 2 and Retained Earnings debited by 1.

American Semiconductor's balance sheet included the following: Shareholders' Equity ($ in millions) Common stock, 100 million shares at $1 par $ 100 Paid-in capital-excess of par 900 Paid-in capital-share repurchase Retained earnings 2,000 Racquired 2 million of its common shares Shares repurchased at $13 per share Retire S Dr. T/S B O Cr. Cash B Dr. Cisl - G. Cash 13 Dr. Pic - par q Dr. Pic-str. 2 Dr. RIE CIS 99 pic-per 891 RE 1999 2,989 Cis loo Pic - par Goo Pic-sip 2 (TIS) (13) RE 2000 2,989 Shares sold at $14 per share Retire TS Dr. Cash 14 C. CIS Shares sold at $10 per share Retire Dr. Crush 10 Cr. CIS I C. fic q -intruss 1 of par Dr. Cash 14 Cor. TlS 13 C PIC-repurchase ! I TIS Dr. Cash 10 Cr. Tis 13 Dr. Pic-s.r. 2 Dr. REI Cropic-in excess for 13