Veneto Vineyards Reacquired 18,000 Shares of Its $1 Par Common $$\begin{array} { | l | r | r | } \hline \text { Treasury Stock } & 270,000 & \\\hline \text { Cash } & & 270,000 \\\hline\end{array}$$

Veneto Vineyards reacquired 18,000 shares of its $1 par common stock for $15 per share. What is the journal entry necessary to record this transaction?

A) No entry required.
B) $$\begin{array} { | l | r | r | } \hline \text { Treasury Stock } & 270,000 & \\\hline \text { Cash } & & 270,000 \\\hline\end{array}$$
C) $$\begin{array} { | l | r | r | } \hline \text { Cash } & 270,000 & \\\hline \text { Treasury Stock } & & 270,000 \\\hline\end{array}$$
D) $$\begin{array} { | c | r | r | } \hline \text { Treasury Stock } & 18,000 & \\\hline \text { Addl. Paid-in Capital } & & 18,000 \\\hline\end{array}$$