"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 "

cash 200 debit

treasury stock 200 credit

---to record sale of held treasury stock--

Explanation:

As it is selling at the same amount were purchased there will be no additional paid-in TS nor decrease to retained earnings

The company sales 10 shares at $20 each the total for treasury stock would be:

10 shares x $20 each = 200

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