Gruber Law Offices paid $60,000 to buy back 15,000 shares of its $1 par value common stock. The stock was sold later at a selling price of $16 per share. The journal entry to record the sale would include a: (Do not round intermediate calculations.) OA. credit to Common Stock $180,000. OB. debit to Common Stock $60,000. OC. credit to Paid-in Capital from Treasury Stock Transactions $60,000. O D. credit to Paid-in Capital from Treasury Stock Transactions $180,000.

Gruber Law Offices paid $60,000 to buy back 15,000 shares of ts $1 par value pommon stock. The stock was sold iater at a selling price of $16 per share. The joumal endry to record the sall would include at: (Do not round intermediato caiculations.) A. credt to Common Sleck $180,000. B. debat to Common Stock $60,000 C. credt to Paid-in Captal froen Treasury Stock Trarsactions 560,000 . D. cuedt to Paid - in Captal from Treasury Ssock Transacsons 5100000