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Question 13 DATA Common Stock Shares Issued Common Stock Par Value Common Stock APIC-Common Stock Stock-buy back price (cost) Number of shares purchased Resale

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Question 13 DATA Common Stock Shares Issued Common Stock Par Value Common Stock APIC-Common Stock Stock-buy back price (cost) Number of shares purchased Resale Price Number of shares resold 150.000 $15 $2.250.000 $100.000 $40 20.000 6.000 "Which of the following is true about the entry to record the RESALE of the Treasury Stock? There have been ne other treasury stock bansactions Select anly Corect as Income a "Credit loss on sale of treasury stock for $12,000" Debit Cash for $220.000 Cred Treasury Stock for $228.000 Cred Cash for $220,000 O Debat PIC Treasury Seck for $12.300 Credt Treasury Stock for $240,000 Debit Common Stock 590.000 Debit Retained Earings 112.000 Credit Common Skor $228.000

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