Q30: Shareholders Equity Homework. Unanswered Acme issued 100,000 shares of $2 par common stock in its initial public offering. The IPO price was $22/share. There were no other common share transactions until Acme repurchased 10,000 shares and retired them. The repurchase price was $19/share. In addition to crediting cash $190,000 another account will be credited for $30,000. Which account is this? o A Treasury stock o B Common stock Retained earnings 0 D Paid-in-capital: excess of par o E Paid-in-capital: share repurchase Q 31: Shareholders equity Homework. Unanswered Acme issued 100,000 shares of $2 par common stock in its initial public offering. The IPO price was $22/share. There were no other common share transactions until Acme repurchased 10,000 shares and retired them. The repurchase price was $19/share. Six months after the repurchase and retirement, Acme sells 5,000 shares for $20/share. Which of the following accounts will NOT be used in the journal entry for the sale? O A Paid-in-capital: share repurchase o B Common stock Retained earnings O D Cash E None of the above (means all of those accounts will be part of the journal entry)