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Treasury Stock represents (Select all that apply.) stock sold in excess of par value O stock issued in exchange for treasury bills the amount paid

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Treasury Stock represents (Select all that apply.) stock sold in excess of par value O stock issued in exchange for treasury bills the amount paid for stock reacquired and currently held in its treasury O a contra-equity account stock issued in exchange for U.S. treasury stock Shareholders' Equity: Common Stock, $2 par value, 1,000,000 authorized, 50,000 shares issued $100,000 Paid-in Capital in Excess of Par 460,000 Retained Earnings 20,000 Assuming all of the shares were sold at the same time, at what price was each share sold? Round your answer to the nearest whole penny. Do not include $ in your answer. Quiche & Tell, Inc., is authorized to sell 2,000,000, $3 par value common stock. On May 3, it issued 60,000 at $11 each. The journal entry to record the issuance of this stock includes a (Select all that apply.) credit Cash $660,000 Odebit Common Stock $22,000,000 credit Paid-in Capital in Excess of Par $480,000 U credit Common Stock $22,000,000 o credit Common Stock $660,000 O credit Common Stock $180,000 debit Cash $22,000,000 debit Cash $660,000

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