A company reported the following stockholders' equity on January 1 of the current year: Prepare journal entries for the following selected transactions. March 1 Purchased 10,300 shares of its own stock for $16 cash per share. May 5 Sold 4,300 shares of its treasury stock for $16 cash per share. 0ctober 12 Sold 2,300 shares of its treasury stock for $17 cash per share. Journal entry worksheet Purchased 10,300 shares of its own stock for $16 cash per share. Note: Enter debits before credits. Prepare journal entries for the following selected transactions. March 1 Purchased 10,300 shares of its own stock for $16 cash per share. May 5 Sold 4,300 shares of its treasury stock for $16 cash per share. October 12 Sold 2,300 shares of its treasury stock for $17 cash per share. Journal entry worksheet Purchased 10,300 shares of its own stock for $16 cash per share. Note: Enter debits before credits. Journal entry worksheet Sold 4,300 shares of its treasury stock for $16 cash per share. Note: Enter debits before credits. Journal entry worksheet Sold 2,300 shares of its treasury stock for $17 cash per share. Note: Enter debits before credits