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Common Stock, $25 market valule, 200 shares issued, 125 outstanding Less: Treasury Stock, 75 shares @$22 per share D. ($1,650) 11. Lo gan Company purchased

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Common Stock, $25 market valule, 200 shares issued, 125 outstanding Less: Treasury Stock, 75 shares @$22 per share D. ($1,650) 11. Lo gan Company purchased 1,000 shares of its own $5 par value common stock when the market price of estockury st 18 per share. Select the jounal entry shat correcetly records Logan's purchase of treasury stock. Treasury Stock 5,000 A. Addition Paid-in Capital 5,000 18,000 Treasury Stock B. Cash 18,000 Treasury Stock 18,000 Common Stock Addition Paid-in Capital 5,000 13,000 C. 18,000 Cash Treasury Stock Additional Paid-in Capital 5,000 13,000

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