Prior to June 1, a company has never had any treasury stock transactions. A company repurchased 200 shares of its $10 par common stock on June 1 for $50 per share On July 1, it reissued 50 of these shares at $55 per share. What is the credit to Paid in Capital, treasury stock required to record this event?

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for help : Complete this journal entry:

Date	Account Titles	Debit	Credit
	Cash
	Paid in Capital, treasury stock
	Treasury stock