I will upvote

On January 1, Vera Clothing Inc. issued 7,000 shares of common stock, $5 par for $140,000. Related to this issuance, the company incurred legal and accounting fees of $3,500 and administrative fees of $3,500. On June 30 , Vera Clothing Inc. reacquired 700 shares of common stock at $21 per share and immediately retired the shares. Prepare the journal entry on June 30 . Cash Equipment Investment in Stock Dividends Payable Property Dividends Payable Preferred Stock Common Stock Common Stock Dividends Distributable Paid-in Capital in Excess of Par-Common Stock Paid-in Capital in Excess of Stated Value-Common Stock Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital-Retired Stock Paid-in Capital-Treasury Stock Retained Earnings Treasury Stock Legal Expense Unrealized Gain or Loss-Income N/A