Answer:
The Paid-In Capital from Treasury Stock Transactions for the sale of 600 shares is $600.
Step-by-step explanation:
Total number of shares = 1000.
Sales price is[tex]600\times4=2400[/tex] dollars
When treasury stocks are sold, cash is debited for the sales price.
And simultaneously, the treasury stock is credited for the purchase price of the stock = [tex]600\times3=1800[/tex] dollars
Paid-In Capital from Treasury Stock Transactions = [tex]2400-1800=600[/tex] dollars (difference between sale and purchase price)
So, the amount of Paid-In Capital from Treasury Stock Transactions for the sale of 600 shares is $600.