Gannon company acquired 20,000 shares of its own common stock at $20 per share on February 5, 2020 and sold 10,000 of these shares at $27 per share on August 9, 2021. The fair value of gallons common stock was $24 per share at December 31, 2020 and $25 per share December 31, 2021. The cost method is used to record treasury stock transactions. What account should Gannon credit in 2021 to record the sale of 10,000 shares?

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.