Entries for Treasury Stock On May 27, Kick Off Inc. reacquired 76,000 shares of its common stock at $8 per share. On August 3, Kick Off sold 51,000 of the reacquired shares at $11 per share. On November 14, Kick Off sold the remaining shares at S6 per share, Journalize the transactions of May 27, August 3, and November 14. If an amount box does not require an entry, leave it blank. May 27 Treasury Stock 661,800 Cash 60,800 Aug. 3 Cash 561,000 Treasury Stock 408,000 Paid-In Capital from Sale of Treasury Stock 153,000 Nov. 14 Cash 150,000 50,000 Paid-In Capital from Sale of Treasury Stock Treasury Stock 200,000 Feedback Check My Work Recall that when a company reacquires shares of its own common stock, it is known as treasury stock. Pay attention to how much the company paid to reacquire the shares versus how much the shares are being resold for by the corporation