Gannon company acquired 8,000 shares of its own common stock at $20 per share on february 5, 2012, and sold 4,000 of these shares at $27 per share on august 9, 2013.
the fair value of gannon's common stock was $24 per share at december 31, 2012, and $25 per share at december 31, 2013.

the cost method is used to record treasury stock transactions. what account(s) should gannon credit in 2013 to record the sale of 4,000 shares?
a. treasury stock for $108,000.
b. treasury stock for $80,000 and paid-in capital from treasury stock for $28,000.
c. treasury stock for $80,000 and retained earnings for $28,000.
d. treasury stock for $96,000 and retained earnings for $12,000.

1. revising for conciseness - eliminating flabby expressions,limiting long lead-ins, and dropping unnecessary fillerstime is money in any business environment. people want information communicated quickly and clearly. to make your writing more concise and understandable, avoid flabby expressions, long lead-ins, and unnecessary fillers. your audience will appreciate your brevity.1. if your writing contains a flabby expression like in view of the fact that, replace it with the word because / although / probably .for each of the following two sentences, choose the best revision.2. i am sending you this letter to inform you that we have experienced an unexpected surprise within our expense sheet, but we are positively certain we will solve it.1) we need to inform you that we have experienced an unexpected surprise with our expense sheet, but we are midway to an end result.2) we have identified a problem with our expense sheet, but we will solve it.3) i am sending you this letter to inform you that we have a problem with our expense sheet, but we are positively certain we have a solution.3. it is the user who should contact the center.1) everyone knows that it is the user who should contact the center.2) the user should contact the center.3) if there is a problem, the user should contact the center.read the following passage, and then answer the question.[1] you scheduled seven conference calls for this morning between 10 and 11 a.m. [2] generally, the company limits the number of conference calls to three per hour. [3] i’m letting you know that in the future, we should be more careful about scheduling.4. which revision limits the long lead-in in sentence 3? 1) in the future, we should be more careful about scheduling.2) i’m letting you know so that in the future we are more careful about scheduling calls.3) so that you know in the future, we should be more careful about scheduling.