On 2019 January 1, the Aljeel Corporation had a Treasury stock balance of 200 shares of its outstanding common stock of OMR 35 each. The stockholders equity of the company was a combination of retained earnings and common stock only.The company reissued 80 shares worth OMR 30 each on May 28, 2019.The journal entry for recording this entry will be:

a.

Debit Bank A/c RO 2400, Credit Treasury Stock A/c- RO 2400

b.

Debit Bank A/c RO 2400, Debit Share premium A/c 400 and Credit Treasury Stock A/c- RO 2800

c.

Debit Bank A/c RO 3200, Credit Treasury Stock A/c- RO 2800 and Credit Share premium A/c 400

d.

Debit Bank A/c RO 2800, Credit Treasury Stock A/c- RO 2800