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Question 23 View Policies Current Attempt in Progress Vaughn Corporation sold 390 shares of treasury stock for $55 per share. The cost for the shares

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Question 23 View Policies Current Attempt in Progress Vaughn Corporation sold 390 shares of treasury stock for $55 per share. The cost for the shares was $35. The entry to record the sale will include a credit to Gain on Sale of Treasury Stock for $13650 credit to Paid-in Capital from Treasury Stock for $7800 debit to Pald-in Capital in Excess of Par for $7800 credit to Treasury Stock for $21450

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