On January 1, 2020, Vera Clothing Inc. issued 8,000 shares of common stock, $5 par for $160,000. Related to this issuance, the company incurred legal and accounting fees of $4,000 and administrative fees of $4,000. On June 30, 2020, Vera Clothing Inc. reacquired 800 shares of common stock at $21 per share and immediately retired the shares. Prepare the journal entry required on June 30, 2020. Note: List multiple debits (when applicable) in alphabetical order and list multiple credits (when applicable) in alphabetical order. Date Account Name Dr. Cr. June 30, 202 Cash Equipment Investment in Stock Dividends Payable Property Dividends Payable Preferred Stock Common Stock Common Stock Dividends Distributable O Previo Paid-in Capital in Excess of ParCommon Stock Paid-in Capital in Excess of Stated Value-Common Stock Paid-in Capital in Excess of ParPreferred Stock Paid-in Capital Retired Stock Paid-in Capital-Treasury Stock Retained Earnings Treasury Stock Legal Expense Unrealized Gain or Loss-Income N/A Next > On January 1, 2020, Vera Clothing Inc. issued 8,000 shares of common stock, $5 par for $160,000. Related to this issuance, the company incurred legal and accounting fees of $4,000 and administrative fees of $4,000. On June 30, 2020, Vera Clothing Inc. reacquired 800 shares of common stock at $21 per share and immediately retired the shares. Prepare the journal entry required on June 30, 2020. Note: List multiple debits (when applicable) in alphabetical order and list multiple credits (when applicable) in alphabetical order. Date Account Name Dr. Cr. June 30, 2020