I was wondering if I could see the whole entry? I also don't understand how the additional credit paid - in capital is calculated.

Suppose a company purchases 2,000 shares of its own $1 par value common stock for $16 per share. The company then resells 400 of these shares for $20 per share. Which of the following is recorded at the time of the resale? Multiple Choice Credit Common Stock for $400. Credit Treasury Stock for $8,000. Credit Common Stock for $8,000. Credit Additional Paid-In Capital for $1,600