Use the Following Information to Answer the Question Below

Multiple Choice

Use the following information to answer the question below. The following transactions involving Culbert Corporation occurred during the year:
The entry to record the June 5 transaction would be:

A) Preferred Stock 6,000
Additional Paid-in Capital,Preferred 6,000
Treasury Stock,Preferred 12,000
B) Treasury Stock,Preferred 12,000
Cash 12,000
C) Cash 6,000
Treasury Stock,Preferred 6,000
D) Preferred Stock 6,000
Additional Paid-in Capital,Preferred 6,000
Retained Earnings 12,000
Treasury Stock,Preferred 24,000