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Llewelyn Company purchased 1,800 shares of its own $6 par value common stock when the...

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Accounting

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Llewelyn Company purchased 1,800 shares of its own $6 par value common stock when the market price of the stock was $21 per share. Select the journal entry that correctly records Llewelyn's purchase of treasury stock. Multiple Choice L o 10,800 Treasury stock Paid-in capital in excess of par - Common acestor por. Common | 10800 10.800 O 37 BOOT Treasury stock "Cash 37.800 O 37,800 Cash Treasury stock Paid-in capital in excess of par - Common cess or para a 10.800 E27,000 10.800 Treasury stock Paid-in capital in excess of par - Common 10,800 Treasury stock Cash 37,800 37,800 Cash Treasury stock Pald-in capital in excess of par - Common 10.800 27,000 37,800 Treasury stock Common stock Paid-in capital in excess of par - Common 10.800 27,000

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