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D Company has 10,000 shares of $1 par value common stock outstanding. D engaged in the following share transactions: 5 On 7/1/2017, the company acquired

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D Company has 10,000 shares of $1 par value common stock outstanding. D engaged in the following share transactions: 5 On 7/1/2017, the company acquired 100 shares of its own stock at a cost of $90 per share. On 9/1/2017, the company reissued shares at $92 per share Required: Prepare the journal entries to account for these treasury stock transactions

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