Question 20 0/0.34 pts Book Corporation had the following transactions: April 1: Purchased 7,000 shares of its $1 par value common stock paying $9 per share. May 10: Sold 2,000 shares of the stock purchased on April 1 for $9 per share. June 20: Sold 3,000 shares of the stock purchased on April 1 for $14 per share. The journal entry on June 20 includes: O A debit to Treasury Stock for $27,000 O A credit to Paid-In Capital - Treasury Stock for $42,000 A credit to Treasury Stock for $42,000 A credit to Cash for $27,000 O A credit to Paid-In Capital - Treasury Stock for $15,000 Question 21 Company A 2018 2019 2018 Current Ratio 3.8 5.9 4.8 Quick Ratio 1.9 1.6 2.2 1.9 When comparing Company A and Company B, Company B has better liquidity than Company A. True O False 2019 4.1 0.34 / 0.34 pts Company B