6. At the beginning of current year, Alegro Company reported the following issues of share capital: 200,000 shares at P20 4,000,000 250,000 shares at P25 6,250,000 During the current year, the entity reacquired 50,000 shares at P20, and these were reissued at year-end at P25 per share. Required: Prepare journal entries to record the foregoing transactions assuming: a. The share has a P15 par value. b. The share is no par with stated value of P20