Raetal Inc. acquired 2,000 shares of its own stock of par value $1 for


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Raetal Inc. acquired 2,000 shares of its own stock of par value $1 for $20 per share. Which of the following is the correct journal entry to record this transaction?? - -?Treasury Stock 2,000 - Common S

Sale price $15.00 Regular price $30.00

Raetal Inc. acquired 2,000 shares of its own stock of par
value $1 for $20 per share. Which of the following is the correct journal entry to record this transaction??


-

-?Treasury Stock 2,000
- Common Stock 2,000
-

-?Treasury Stock 40,000
- Cash 40,000?
-

-?Treasury Stock 2,000
- Cash 2,000
-

-?Cash 40,000
- Treasury Stock 40,000

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