Elroy Corporation repurchased 2,000 shares of its own stock for $30 per share. The stock has a par of $10 per share. A month later, Elroy resold 500 shares of the treasury stock for $38 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