2:52 Brief Exercise 10-10 (Algo) Record sale of treasury stock (LO10-4) Sunshine Clothing Company issues 1,500 shares of $1 par value common stock at $36 per share. Later in the year, the company decides to purchase 250 shares at a cost of $40 per share. Record the transaction if Sunshine resells the 250 shares of treasury stock at $36 per share. (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 nces Record the transaction if Sunshine resells the 250 shares of treasury stock at $36 per share. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit