Cali Cup Corporation paid $24 per share to purchase 300 shares of its common stock as treasury stock. The stock was originally issued at $15 per share. Which of the following would be the journal entry that Cali Cup would make to record the purchase of the treasury stock? O A. B. O C. D. Treasury Stock Cash Common Stock Cash Treasury Stock Retained Earnings Cash Accounts Accounts Accounts Accounts Treasury Stock Paid-in Capital in Excess of Par Cash Debit 7,200 Debit 7,200 Debit 4,500 2,700 Debit 4,500 2,700 Credit 7,200 Credit 7,200 Credit 7,200 Credit 7,200