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On October 1, 2015, Adoll Company acquired 2,100 shares of its $1 par value stock for $43 per share and held these shares in treasury.

On October 1, 2015, Adoll Company acquired 2,100 shares of its $1 par value stock for $43 per share and held these shares in treasury. On March 1, 2017, Adoll resold all the treasury shares for $39 per share. Which of the following entries would be recorded when Adoll Company resells the shares of treasury stock?

rev: 10_04_2016_QC_CS-64483

Cash 81,900
Common Stock 2,100
Additional paid-in capital 79,800
Cash 81,900
Additional paid-in capital 8,400
Common Stock 90,300
Cash 81,900
Additional paid-in capital 8,400
Treasury Stock 90,300
Cash 81,900
Loss on sale of treasury stock 8,400
Treasury Stock 90,300

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