Answer the following question:

The company P & G Corporation, purchased from its shareholders 5,000 shares previously issued by the same corporation for an amount of US$255,000. Subsequently, he sold 2,000 shares for US$54 per share. Then, later on, he sold another 2,000 shares for $49 per share. Finally, he sold 1,000 more shares for $43 per share.

Submit the corresponding records in the 'Journal' that reflect the repurchase of the 5,000 shares and the three sale operations of the shares in the treasury (portfolio).

File the records for preferred stock transactions and indicate their presentation in the financial statements.