1 Record the issuance of 64,000 shares of common stock with a par value $10 for a price of $11 per share 2 Record the purchase of 2,400 shares of previously issued common stock for a price of $14 per share 3 Record the re issuance of 1,200 shares of treasury stock previously purchased for a price of $14 per share and sold for $17 per share Required Information CP11 1 Analyzing Accounting Equation Effects, Recording Journal Entries, and Preparing a Partial Balance Sheet Involving Stock Issuance, Purchase, and Reissuance Transactions LO 11 2 Th e following information applies to the questions displayed below Worldwide Company obtalned a charter from the state In January that authorized 200,000 shares of common stock, $10 par value During the first year, the company earned $38,600 and the following selected transactions occurred In the order given a Issued 64,000 shares of the common stock at $11 cash per share b Reacqulred 2,400 shares at $14 cash per share from stockholders the shares are now held In treasury C Relssued 1,200 of the shares In transaction (b) two months later at $17 cash per share

Question

1  Record the issuance of 64,000 shares of common stock with a par value $10 for a price of $11 per share  2  Record the purchase of 2,400 shares of previously issued common stock for a price of $14 per share  3  Record the re issuance of 1,200 shares of treasury stock previously purchased for a price of $14 per share and sold for $17 per share  Required Information CP11 1 Analyzing Accounting Equation Effects, Recording Journal Entries, and Preparing a Partial Balance Sheet Involving Stock Issuance, Purchase, and Reissuance Transactions  LO 11 2   Th e following information applies to the questions displayed below  Worldwide Company obtalned a charter from the state In January that authorized 200,000 shares of common stock, $10 par value  During the first year, the company earned $38,600 and the following selected transactions occurred In the order given  a  Issued 64,000 shares of the common stock at $11 cash per share  b  Reacqulred 2,400 shares at $14 cash per share from stockholders  the shares are now held In treasury  C  Relssued 1,200 of the shares In transaction (b) two months later at $17 cash per share

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1. Record the issuance of 64,000 shares of common stock with a par value $10 for a price of $11 per share. 2. Record the

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