ACCOUNTING Chapter 10 MHC Questions 6-7 (of 11) IThe following information applies to the questions displayed belowj California Surf Clothing Company issues 1,000 shares of S1 par value common stock at $15 per share. Later in the year, the company decides to repurchase 100 shares at a cost of $18 per share value 0.90 points Record the purchase of treasury stock. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list