The journal entry to record the reissuance of the 600 shares of stock on October 15 includes a:
A) Credit to Common Stock of $6,000.
B) Credit to Additional Paid-In Capital: Treasury Stock Transactions of $3,000.
C) Credit to Gain on Treasury Stock Transactions of $3,000.
D) Credit to Treasury Stock Reissued of $39,000.
Correct Answer:
Verified
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