Elroy Corporation repurchased 1,200 shares of its own stock for $25 per share. The stock has a par of $15 per share. A month later, Elroy resold 300 shares of the treasury stock for $33 per share. Required a. Record the two events in general journal format. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 > N Record the repurchase of own stock. Note: Enter debits before credits. General Journal Debit Credit Event 1 Record entry Clear entry View general journal