2. Prepare journal entries to record each transaction. (If no entry is required for a transaction/event, select Required" in the first account field.) View transaction list Journal entry worksheet Record the re-issuance of 1,400 shares of treasury stock previously purchased for a price of $16 per share and sold for $19 per share. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general Journal Required information CP11-1 (Algo) Analyzing Accounting Equation Effects, Recording Journal Entries, and Preparing a Partial Balance Sheet Involving Stock Issuance, Purchase, and Reissuance Transactions [LO 11-2] [The following information applies to the questions displayed below) Worldwide Company obtained 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 $39,000 and declared no dividends; the following selected transactions occurred in the order given: a. Issued 68,000 shares of the common stock at $13 cash per share. b. Reacquired 2,800 shares at $16 cash per share from stockholders, the shares are now held in treasury c. Reissued 1,400 of the shares in transaction (b) two months later at $19 cash per share