Treasury stock that had been purchased for $6,400 last month was reissued this month for $8,500. The journal entry to record the reissuance would include a credit to
A) Treasury Stock for $8,500
B) Paid-In Capital from Treasury Stock for $8,500
C) Paid-In Capital in Excess of Par/Common for $2,100
D) Paid-In Capital from Treasury Stock for $2,100
Correct Answer:
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