Prepare in journal form the entries necessary to record the following stock transactions of the Seoul Company during 20xx:

Oct. 1 Purchased 2,000 shares of its own $2 par value common stock for $20 per share, the current market price.

17 Sold 500 shares of treasury stock purchased on October 1 for $25 per share.

21 Sold 800 shares of treasury stock purchased on October 1 for $18 per share.

Retirement of Treasury Stock