Treasury stock that had been purchased for $5,500 last month was reissued this month for $6,500. The journal entry to record the reissuance would include a credit to
a. Treasury Stock for $6,500.
b. Paid-In Capital from Sale of Treasury Stock for $6,500.
c. Paid-In Capital from Sale of Treasury Stock for $1,000.
d. Paid-In Capital in Excess of Par-Common Stock for $1,000.
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Home » Business » Treasury stock that had been purchased for $5,500 last month was reissued this month for $6,500. The journal entry to record the reissuance would include a credit to a. Treasury Stock for $6,500. b.