XYZ, Inc. sells 100 shares of treasury shares at $10 per share. If the cost of acquiring the shares was $13 per share

the entry for the sale should include credits to:

Select one: a. Treasury Shares $1,000 b. Treasury Shares $1,300 c. Treasury Shares $1,000 and shares premium- treasury 300 d. Treasury Shares $300 and shares premium - treasury 1000

XYZ, Inc. sells 100 shares of treasury shares at $13 per share. If the cost of acquiring the shares was $10 per share

the entry for the sale should include credit to:

Select one: a. shares premium 300, treasury shares 1000 b. Treasury Shares $1,300 c. cash $1,300 d. cash $1,000