At the start of 20X5, Abba Corp. had 24,000 shares of $4 par common stock issued and outstanding. All 24,000 shares had been issued in the prior year for $28 per share. On February 1, 20X5, Abba repurchased 8,000 shares of its own stock for $13 per share. It plans to reissue these shares at a future time. Question: What journal entry should Abba make to record the February 1, 20X5 transaction? Answer: It should debit for S + and credit TOr for S