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Current Attempt in Progress Concord, Inc paid $127000 to buy back 11000 shares of its 51 par value common stock. This stock was sold later

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Current Attempt in Progress Concord, Inc paid $127000 to buy back 11000 shares of its 51 par value common stock. This stock was sold later at a selling price of $9 per share, The entry to record the sale includes a credit to retained Earnings for $11000, Odebit to retained Earnings for $28000 O credit to Paid in Capital from Treasury Stock for $11000, debit to Paid-in Capital from Treasury Stock for $127000

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