Bluebell Ice Cream currently has 100,000 shares outstanding. At the end of the year, they decide to repurchase 20,000 shares for $15 per share. Which of the following would be included in the entry for the repurchase?

QUESTION 2 Save Answer Bluebell Ice Cream currently has 100,000 shares outstanding. At the end of the year, they decide to repurchase 20,000 shares for $15 per share. Which of the following would be included in the entry for the repurchase? O Debit to Treasury Stock for $300,000 O Credit to Common Stock for $1,500,000 O Credit to Cash for $20,000 O Credit to Common Stock for $300,000