Dividends declared is subtracted from the Statement of Retained Earnings, True False Question 14 2 pt 40 of the 200 treasury shares that April Corporation acquired at $6 par per common stock that were originally issued at $24 par per share, were reissued for $8 per share. What is the journal entry for the reissued shares? Debit Cash for $320; debit Paid-In Capital from Treasury Stock for $640: credit Treasury Stock Common for $960 Debit Cash for $960: credit Paid-In Capital from Treasury Stock for $640. credit resury Stock Common for $320. Debit Treasury Stock-Common for $320: Credit Cash for $320, Debit Treasury Stock-Common for $960; credit Cash for $610; credis Paid In ita oma Stock for $320