California Surf Clothing Company issues 1,000 shares of $1 par value common stock at $15 per share. Later in the year, the company decides to Purchase 100 shares at a cost of $18 per share. Brief Exercise 10-8 Record purchase of treasury stock (LO10-4) Record the purchase of treasury stock. If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the purchase of treasury stock. Note: Enter debits before credits Transaction General Journal Debit Credit