Question 26 (3 points) ASU Corporation reacquired 3,000 shares of its common stock at at $15 per share. The common stock has a par value of $10. What is the journal entry to record this transaction? Debit: Cash, 45,000; Credit: Common Stock, 30,000 and Paid-in Capital in Excess of Par-Common Stock, 15,000 Debit: Treasury Stock, 45,000; Credit: Cash, 45,000 Debit: Treasury Stock, 45,000; Credit: Common Stock, 30,000 and Paid-in Capital in Excess of Par-Common Stock, 15.000 Debit: Treasury Stock, 30.000; Credit: Cash 30,000