Cornerstone Exercise 10-29 (Algorithmic) Accounting for Treasury Stock On January 1, 2019, Tommyboy Corporation repurchases 11,700 shares of its outstanding common stock for $26 per share on May 1, 2019, Tommyboy sells 9,500 shares of treasury stock for $17 per share on October 1, 2019, Tommyboy sells 1,500 shares of its treasury stock for $44 per share Required: 1. Prepare the journal entries to record these transactions 2019 Jan, 1 Treasury Stock Cash (Record purchase of treasury shares) 1 May 1 Cash Retained Earnings Treasury Stock (Record reissue of treasury shares) 33 88 ml 11 n1 Oct. 1 Cash Additional Paid In Capital Treasury Stock CARSULY Stock Accounts Receivable sury shares) Cash Common Stock Dividends Payable Treasury Stock es remaining Previous Next Check My Work