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Llewelyn Company purchased 2,200 shares of its own $6 par value common stock when the market price of the stock was $33 per share. Which
Llewelyn Company purchased 2,200 shares of its own $6 par value common stock when the market price of the stock was $33 per share. Which of the following journal entries would be used to record the purchase of treasury stock? Multiple Choice 0 13, 200 Treasury stock Paid-in capital in excess of par - Common 13, 200 O Treasury stock Cash Treasury stock 72,600 12,600 72,00 72,600 0 72,600 Treasury stock Common stock Paid-in capital in excess of par - Common 13,200 59,400 72,600 Cash Treasury stock Paid-in capital in excess of par - Common 13,200 59,400
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