Bramble Ltd. purchased from its shareholders 5,700 shares of its own previously issued shares for 290,700. It later resold 1,800 shares for 55 per share, then 2,100 more shares for 50 per share, and finally 1,800 shares for 41 per share. Prepare journal entries for the purchase of the treasury shares and the three sales of treasury shares. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Bramble Ltd. purchased from its shareholders 5,700 shares of its own previously issued shares for 290,700. It later resold 1,800 shares for 55 per share, then 2,100 more shares for 50 per share, and finally 1,800 shares for 41 per share. Prepare journal entries for the purchase of the treasury shares and the three sales of treasury shares. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Treasury Shares Cash (To record purchase of treasury shares.) Cash Treasury Shares (To record sales of shares at 55 per share.) Cash Treasury Shares (To record sales of shares at 50 per share.) Cash Retained Earnings Treasury Shares (To record sale of shares at 41 per share.)