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Question 17 0 / 1 point On March 1, 2007, A Company purchased 800 shares of its own $2 par common stock for $8,000. On
Question 17 0 / 1 point On March 1, 2007, A Company purchased 800 shares of its own $2 par common stock for $8,000. On April 30, 2007, it reissued 400 of these shares for $4,800 and on June 15, 2007, reissued 300 more shares for $2,100. If there were no prior treasury stock transactions, the journal entry to record the reissue of the 300 shares will include a: 1) credit to Treasury Stock for $2,100 x 2) debit to Retained Earnings for $900 3) debit to Paid in Capital, Treasury Stock for $800 4) credit to Common Stock for $600
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