A company reported the following stockholders' equity on January $1$ of the current year:

Common stock$-$$$10$ par value, $1,0,00$ shares authorized; $250,0$

shares issued

Paid$-$in capital in excess of par value, common stock

Retained earnings

Total stockholders' equity

Prepare journal entries for the following selected transactions.

March $1$ Purchased $10,000$ shares of its Own stock for $$18$ cash per share.

May $5$ Sold $4,0$ e shares of its treasury stock for $$18$ cash per share.

October $12$ Sold $2,000$ shares of its treasury stock for $$19$ cash per share.

Journal entry worksheet

$1$

$2$

$3$

Purchased $10,000$ shares of its own stock for $$18$ cash per share.

Note: Enter debits before credits.