Question: D Question 22 3.33 pts On August 1, 2019. Ace Corporation repurchases 1.000 shares of its outstanding common stock for $15 per share. The stock

 D Question 22 3.33 pts On August 1, 2019. Ace Corporation

D Question 22 3.33 pts On August 1, 2019. Ace Corporation repurchases 1.000 shares of its outstanding common stock for $15 per share. The stock has a par value of $10 per share. On October 1, 2019. Ace sells 500 shares of treasury stock for $18 per share, and on December 15, 2019 Ace sells 400 shares of treasury stock for $11 per share. The journal entry to record the transaction on December 15 would include: A debit to Cash for $4.400, and a credit to Treasury Stock for $4,400. A debit to Cash for $4.400, a debit to Additional Paid-in Capital - Treasury Stock $1,500, a debit to Retained Earnings for $100, and a credit to Treasury Stock for $6.000. Adebit to Cash for $4.400, a credit to Treasury Stock for $4,000, and a credit to Additional Paid in Capital Treasury Stock for $400. A debit to Cash for $4.400, a credit to Common Stock for $4,000, and a credit to Additional Paid-in Capital Common Stock for $400

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