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Bronson Corp. issues 1,500 shares of $10 par value common stock at $16 per share. When the transaction is recorded, credits are made to O
Bronson Corp. issues 1,500 shares of $10 par value common stock at $16 per share. When the transaction is recorded, credits are made to O Common Stock $15,000 and Additional Paid-in Capital from Treasury Stock $9,000 O Common Stock $15,000 and Retained Earnings $9,000 O Common Stock $15,000 and Additional Paid-in Capital from Common Stock $9,000 O Common Stock $24,000 O Common Stock $15,000 Question 16 4 pts Marigiela Corporation sold 460 shares of treasury stock for $35 per share. The cost for the shares was $25. The entry to record the sale of the treasury stock will include a O credit to Gain on Sale of Treasury Stock for $11,500 O credit to Treasury Stock for $16,100 O debit to Additional Paid-in Capital from Treasury Stock for $4,600 O credit to Additional Paid-in Capital from Treasury Stock for $4,600 O debit to Cash for $11,500
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