Blue Spruce Corp. purchased 2,650 shares of its $10 par value common stock for $120,840 on August 1. It will hold thes treasury until resold. Journalize the treasury stock transaction. (Credit account titles are automatically indented when amount is entered. Do not in List debit entry before credit entry. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Aug. 1 eTextbook and Media List of Accounts Save for Later Debit Credit Attempts: unlimited

Blue Spruce Corp. purchased 2,650 shares of its $10 par value common stock for $120,840 on August 1 . It will hold the treasury until resold. Journalize the treasury stock transaction. (Credit account titles are automatically indented when amount is entered. Do not i List debit entry before credit entry. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) eTextbook and Media List of Accounts Attempts: unlimited