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all journal entry please. On May 3, Zirbal Corporation purchased 3,500 shares of its own stock for $38,500 cash. On November 4, Zirbal reissued 1,250

all journal entry please.image text in transcribed

On May 3, Zirbal Corporation purchased 3,500 shares of its own stock for $38,500 cash. On November 4, Zirbal reissued 1,250 shares of this treasury stock for $15,000 Prepare the May 3 and November 4 journal entries to record Zirbal's purchase and reissuance of treasury stock. View transaction list Journal entry worksheet 2 Record the purchase of 3,500 shares of its own stock for $38,500 cash. Note: Enter debits before credits. Date General Journal Debit Credit May 03

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