Which of the following is TRUE regarding the accounting for treasury stock? Multiple Choice All of the other answer choices are correct. Treasury stock represents a negative equity account The purchase and sale of treasury stock has no Impact on the Income statement. O Treasury stock is reported on the balance sheet in the equity section. A company had the following transactions related to its stock: February 22 acquired 210 shares of its $3 par value common stock for $26 each. March 15 resold 68 shares for $29 each. What is true of the March 15 entry for reselling the shares? Multiple Cholce Credit Cash $1.768 Debit Treasury Stock $1,768 Credit Treasury Stock $1,972 Credit Additional Pald-in Capital $204