JUST NEED THESE TWO ANSWERED AND I WILL GIVE THUMBS UP

When a company issues 30,000 shares of $5 par value common stock for $50 per share, the journal entry for this issuance would include: Multiple Choice A debit to Cash for $150,000. A credit to Additional Paid-in Capital for $1,350,000. A credit to Common Stock for $1,500,000. o A debit to Additional Paid-in Capital for $150,000. Why would a corporation purchase its own stock? Multiple Choice To boost earnings per share. All of the other answer choices are correct. O To distribute surplus cash without paying dividends. O To satisfy employee stock ownership plans