Prior to June 30, a company has never had any treasury stock transactions. The company repurchased 100 shares of its $1 par common stock on June 30 for $40 per share. On July 20, it reissued 50 of these shares at $46 per share. On August 1, it reissued 20 of the shares at $38 per share. What journal entry is necessary to record the reissuance of treasury stock on July 20? Multiple Choice a. Debit Common Stock $2,300; credit Cash $2,300. b. Debit Common Stock $20; debit Treasury Stock $2,280; credit Cash $2,300. c. Debit Common Stock $2,300; credit Treasury Stock $2,000; credit Paid-In Capital, Treasury Stock $300. d. Debit Cash $2,300; credit Paid-in Capital, Treasury Stock $300; credit Treasury Stock $2,000. e. Debit Cash $2,300; credit Treasury Stock $2,300.