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 is the journal entry necessary to record the repurchase of stock on June 30? Multiple Choice Debit Common Stock $4,000; credit Cash $4,000. Debit Treasury Stock, Common $4,000; credit Cash $4,000. Debit Common Stock $100; debit Treasury Stock $3,900, credit Cash $4,000 Debit Cash $4,000; credit Treasury Stock $4,000. Debit Treasury Stock $3,900, debit Paid-in Capital, Treasury Stock $100; credit Cash $4,000