Llewelyn Company purchased 4,600 shares of its own $9 par value common stock when the market price of the stock was $42 per share. Which of the following journal entries would be used to record the purchase of treasury stock?

Multiple Choice

• Treasury stock	193,200
  Cash		193,200

• Cash	193,200
  Treasury stock		41,400
  Paid-in capital in excess of par - Common		151,800

• Treasury stock	193,200
  Common stock		41,400
  Paid-in capital in excess of par - Common		151,800

• Treasury stock	41,400
  Paid-in capital in excess of par - Common		41,400