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See 7 QS 11-15 Purchase and sale of treasury stock LO P3 On May 3. Zwbal Corporation purchased 6.500 shares of its own stock for $78.000 cash On November 4. Zee 1000 of this treasury stock for $13.000 Prepare the May 3 and November 4 journal entries to record Zobal's purchase and restance or entry to 50 View transactions Journal entry worksheet Hecord the purchase of 6,500 shares of its own stock for 878,000 cash Genee Jonal Dan May 03