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D Question 9 1 pts California Surf Clothing Company issues 1,000 shares of $1 par value common stock at $31 per share. Later in the

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D Question 9 1 pts California Surf Clothing Company issues 1,000 shares of $1 par value common stock at $31 per share. Later in the year, the company decides to repurchase 100 shares at a cost of $34 per share. Record the transaction if California Surf reissues the 100 shares of treasury stock at $36 per share. Treasury stock will be reduce by: a debit for 3,600 a debit for 3,400 a credit for 3,600 a credit for 3.400

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