02:18 Remigi 57 min. SES Question 1 Ivanhoe Company has the following stockholders' equity accounts at December 31, 2020. Common Stock ($100 pat value, authorized 7,600 shares) $503,200 Retained Earnings 276,100 Prepare entries in journal form to record the following transactions, which took place during 2021. (Credit account titles are auto titles and enter for the amounts.) (1) 270 shares of outstanding stock were purchased at $97 per share. (These are to be accounted for using the cost method.) (3) The dividend dedared In (2) above was pald. (4) The treasury shares purchased in (1) above were resold at $103 per share. (5) 550 shares of outstanding stock were purchased at $105 per share (6) 370 of the shares purchased in (5) above were resold at $96 per share No. Nccountles and Explanation Debit Credit 1. lry Study 2. FO FO FO 19 N 20 3 % 5 6 7 8 9