Cedric Productions, reported the following account balances on January 1 . The company entered into the following transactions during the year. January 15 Immued 16,000 shares of $1 par corahan atoek for $72,000 cash. January 31 Collected, 53,000 from cutitomers on account. February 15 Reacquired 3,220 thares of $1 par common toek into trealury for $35,420 eash. March 15 Reitatued 2,220 shares of treasury stock for 526,420 cash. Auguat 15 Reinaued 600 aharea of treasury atock for 54,600 cash. Oetober 1 Iamed 100,10 -year, $1,120 bonds, at a quoted bond price of 101. Oetober a Wrote off a $1,500 balanee due from a cuatorex who west bankirupt December 29 Recorded 5252,000 of mervice revenue, al1 of which waa collected in cash. deduetionat) and income taxent? Issued 16,000 shares of $1 par common stock for $72,000 cash. Record the transaction. Note: Enter debits before credits. Journal entry worksheet Collected $3,000 from customers on account. Record the transaction. Note: Enter debits before credits. Journal entry worksheet Reacquired 3,220 shares of $1 par common stock into treasury for $35,420 cash. Record the transaction. Note: Enter debits before credits. Journal entry worksheet Reissued 2,220 shares of treasury stock for $26,420 cash. Record the transaction. Note: Enter debits before credits. Journal entry worksheet