California Surf Clothing Company issues 1,000 shares of $1 par value common stock at $35 per share. Later in the year, the company decides to purchase 100 shares at a cost of $38 per share. Record the transaction if California Surf resells the 100 shares of treasury stock at $40 per share. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list View journal entry worksheet No Transaction 1 1 Treasury Stock Cash General Journal Debit Credit 3,800 3,800 ........