California Surf Clothing Company issues 1,000 shares of $1 par value common stock at $31 per share. Later in the year, the company decides to repurchase 100 shares at a cost of $34 per share. Record the transaction if California Surf reissues the 100 shares of treasury stock at $36 per share. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list ournal entry worksheet Record the sale of treasury stock. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal