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11 points 8 0112-15 Oregon Outfitters issues 1,700 shares of $1 par value common stock at $19 per share. Later in the year, the
11 points 8 0112-15 Oregon Outfitters issues 1,700 shares of $1 par value common stock at $19 per share. Later in the year, the company decides to reacquire 110 shares at a cost of $20 per share. 1. Record the original issue of the 1,700 shares. 2. Record the purchase of 110 shares. 3. Record the entry if Oregon Outfitters resells the 110 shares of treasury stock at $23 per share. Required: Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 Record the original issue of the 1,700 shares. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit 11 points 8 01-12-08 Oregon Outfitters issues 1,700 shares of $1 par value common stock at $19 per share. Later in the year, une reacquire 110 shares at a cost of $20 per share. 1. Record the original issue of the 1,700 shares. 2. Record the purchase of 110 shares. 3. Record the entry if Oregon Outfitters resells the 110 shares of treasury stock at $23 per share. Required: Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list 1 Record the original issue of the 1,700 shares. 2 Record the purchase of 110 shares. 3 Record the entry if Oregon Outfitters resells the 110 shares of treasury stock at $23 per share. Credit
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