7 Check my war On March 31, 2019, Elephant Corporation had outstanding 100,000 shares of 7 percent preferred stock with a par value of $10. The stock was originally issued for $12.60 per share. On that date, the corporation repurchased 15,000 shares of the preferred stock, paying cash of $12.40 per share for the stock. Give the general Journal entry to record repurchase of the treasury stock. 148 points View transaction list eBook Journal entry worksheet Hind 1 Record entry for repurchase of stock. References Note: Enter debits before credits Date Mar 31, 2010 General Journal Debit Credit Record entry Clear entry View general Journal