Record the journal entry to record the reacquisition of th common shares. Description Common Shares Contributed Surplus Retained Earnings. Cash Earnings Per Share Revenue Debit Debt to Equity Ratio Return on Assets 5,040,000 545,000 7,015,000 Place only one "X" in each row below indicating the impact of the share reacquisition journal entry on the following financial statement metrics. Credit Positive 12,600,000 Negative No Impact Not Determinable