Caltomia Surt Clothing Company Issues 1,000 shares of $1 par value common stock at $22 per share. Laler in the year, the company decides to repurchase 100 shares at a cost of $25 per share 1. Required indomation Record the purchase of treasury stock (If no entry is required for a transactionlevent, select "No journal entry required" in the first account field) Vew transaction ist Journal entry worksheet > Record the purchase of treasury stock Note: Cnter debits before credits Transaction General Journal Debit Credit 1 Record the transaction i Calfornia Surf reissues the 100 shares of treasury stock at $27 per share. (f no entry is required for a transactionlevent, seleet "No journal entry equired" in the first account field.) View transaction tist Journal entry worksheet 1 Record the sale of treasury stock Note: Enter debits before credits Transaction General Journal Debit Credit 1 View general journal Record entry Clear entry 11:30