Carla Vista Enterprises buys back 313,000 shares of its stock from investors at $13.00 a share. Two years later, it reissues this stock for $12.5 a share. The journal entry to record the stock reissuance would debit Cash for: Multiple Choice O $3,912,500, a debit to Additional Paid-in Capital for $156,500, and a credit to Treasury Stock for $4,069,000. $4,069,000 and a credit to Treasury Stock for $4,069,000. $3,912,500, a credit to Treasury Stock for $3,912,500, and a credit to Additional Paid-in Capital for $156,500. $3,912,500 and a credit to Treasury Stock for $3,912,500.
Carla Vista Enterprises buys back 313,000 shares of its stock from investors at $13.00 a share. Two years latec, it relssues this stock fei 12.5 a share. The journal entry to record the stock relssuance would debit Cash for Muthise choice 53,912,500, a debit to Addtional Paid in Coptal for $156,500, and a credit to Freasury Stock for $4,069,000 $4,069,000 and a credit to Treasury 5 tock for $4,069,000 \$3,912,500, a credit to Treasury Stock for \$3,912,500, and a credit to Addibonal Paidin Copital for \$156,500. $3,912,500 and a crecdit to Treasury 5 tock for $3,912,500 
