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Concord Ltd purchased from its sharesholders 5,300 shares of its own previously issued shares for 265,000. It later resold 1,875 shares for X53 per share,

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Concord Ltd purchased from its sharesholders 5,300 shares of its own previously issued shares for 265,000. It later resold 1,875 shares for X53 per share, then 2,000 more shares for 48 per share, and finally 1,425 shares for V42 per share. Prepare journal entries for the purchase of the treasury shares and the three sales of treasury shares. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

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