Question

cameron, inc. held 1,000 shares of its own $10 par value common stock purchased for $20 per share. in march, cameron sold 10 shares at $20 per share. the journal entry to record the sale of treasury stock would include a (debit/credit) to treasury stock in the amount of . multiple choice question. debit; $100 credit; $100 credit; $200 debit; $200

Answer 1

Answer: Credit $200

Step-by-step explanation:

$20 per share x 10 shares = $200