JC Corporation had 20,000 shares of $4 par value common stock outstanding on January 1, 2014. On January 20, 2014, the company purchased 2,000 of the outstanding shares for $16 per share. On July 3, 2014, the company reissued 1,000 of the shares at $20 per share. References JC Corporation had 20,000 shares of $4 par value common stock outstanding on January 1, 2014. On January 20, 2014, the company purchased 2,000 of the outstanding shares for $16 per share. On July 3, 2014, the company reissued 1,000 of the shares at $20 per share.

Using the information above. What is the journal entry to record the purchase of stock on January 20?

what is the journal entry to recored the reissuance on july 3?

assume the company paid a dividend of $5 per share on August 3. What is the total amount of dividends that would be paid to common stockholders?

Use the information above to answer the following question. What is the journal entry to record the purchase of the stock on January 20? A) Treasury stock Additional paid-in capital Cash B) Treasury stock Cash C) Treasury stock Common stock Cash D) Common stock Cash 8,000 24,000 32,000 32,000 32,000 8,000 24,000 32,000 32,000 32,000 Option D Option B Option C Option A