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In 2020. Ele Corp. acquired 9.000 of its own no par value common shares at $18 per share, to be held in the treasury. In
In 2020. Ele Corp. acquired 9.000 of its own no par value common shares at $18 per share, to be held in the treasury. In 2021, Elle sold 6,000 of these shares at $25 per share. What accounts and what amounts should Elle credit in 2021 to record this sale? Treasury Contributed Surplus Retained Earnings Common Shares Shares $108,000 $42.000 $108.000 $42.000 $42,000 $108,000 Treasury Contributed Retained Common Shares Surplus Earnings Shares $108,000 $42,000 $108,000 $42,000 $42,000 $108,000 $108,000 $ 42,000
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