Accounting for Treasury Stock On August 19, Portiand Corporation repurchases 6,300 shares of its outstanding common stock for 514 per share. On October 31 , Portiand seils 3,465 shares of treasury stock for $15 per share. Any additional sales of treasury stock during the year were sold for $12 per share. On December 31 . Portiand had ho remaining treasury stock Required: Prepare the necessacy joumal entries to record any transactions associated with treasury stock, If an amount box does not require an entry, leave it blank. +own the wis When purchasing its pan prewousy lasued stock, corporetons incotd a reduction to stockholdens ecvily tor the purchase amount of the trensury alock