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Check my w Oregon Outfitters issues 1,200 shares of $1 par value common stock at $20 per share. Later in the year, the company decides
Check my w Oregon Outfitters issues 1,200 shares of $1 par value common stock at $20 per share. Later in the year, the company decides to purchase 120 shares at a cost of $18 per share. (1) Record the original issue of the 1,200 shares, (2) Record purchase of 120 shares, and (3) Record the entry if Oregon Outfitters resells the 120 shares of treasury stock at $25 p share. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first acc field.) View transaction list Journal entry worksheet Record the original issue of the 1,200 shares. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal
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