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Ross Corporation reported the? following: Common? Stock, $5 ?par, 209,000 shares? authorized, 170,000 shares issued $850,000 Paid in Capital in Excess of Parlong Common 207,000

Ross Corporation reported the? following: Common? Stock, $5 ?par, 209,000 shares? authorized, 170,000 shares issued $850,000 Paid in Capital in Excess of Parlong Common 207,000 Retained Earnings 239,000 Total? Stockholders' Equity $1,296,000 Which of the following is included in the entry to record the? corporation's purchase of 40,000 shares of its common stock for $15.00 per? share?

A.

Retained Earnings is debited for

$ 600 comma 000$600,000.

B.

Paidminus?In

Capital From Treasury Stock Transactions is credited for

$ 350 comma 000$350,000.

C.

Common

Stocklong dash$ 5$5

Par Value is credited for

$ 200 comma 000$200,000.

D.

Treasury

Stocklong dashCommon

is debited for

$ 600 comma 000$600,000.

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