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Brief Exercise 10-8 (Algo) Record purchase of treasury stock (LO10-4) Surfer Girl Clothing Company Issues 1,000 shares of $1 par value common stock at $16

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Brief Exercise 10-8 (Algo) Record purchase of treasury stock (LO10-4) Surfer Girl Clothing Company Issues 1,000 shares of $1 par value common stock at $16 per share. Later in the year, the company decides to purchase 100 shares at a cost of $19 per share. Record the purchase of treasury stock. (If no entry Is requlred for a particular transactlon/event, select "No Journal Entry Requlred" In the first account field.) Journal entry worksheet Note: Enter debits before credits

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