On February 22, Brett Corporation acquired 280 shares of its $4 par value common stock for $27 each. On March 15, the company resold 67 shares for $31 each. What is true of the entry for reselling the shares? Multiple Choice O Credit Treasury Stock $2,077 Credit Cash $1,809 Credit Additional Paid-in Capital $268 Debit Treasury Stock $1,809

On February 22, Brett Corporation acquired 280 shares of its $4 par value common stock for $27 each. On March 15 , the company resold 67 shares for $31 each. What is true of the entry for reselling the shares? Multiple Choice Credit Treasury Stock $2,077 Credit Cash \$1,809 Credit Additional Paid-in Capital $268 Debit Treasury Stock $1,809