Accounting for Stock Repurchases 11-7 Diviney Company repurchased 1,500 shares of $1 par-value common st open market. Make the necessary journal entry (or entries) to record this transa ock for S64 per share from the Accounting for Sale of Treasury Stock at Price Higher than Cost Refer to the data in PE 11-7. Diviney resells 400 shares of treasury stock for $80 per share. Make the necessary journal entry (or entries) to record this transaction. 11-8 Accounting for Sale of Treasury Stock at Price Lower than Cost Refer to the data in PE 11-7 and 11-8. Diviney resells 300 shares of treasury stock for $56 per share. Make the necessary journal entry (or entries) to record this transaction. 1-9 Accounting for Sale of Treasury Stock at Price Lower than Cost Refer to the data in PE 11-7 through 11-9. Assume the paid-in capital, treasury stock account currently has a $2,000 credit balance. Diviney resells 800 shares of treasury stock for S60 per share. Make the necessary journal entry (or entries) to record this transaction. 1-10