Exercise 11-12A Treasury stock transactions LO 11-5 Elroy Corporation repurchased 1800 shares of its own stock for $30 per share. The stock has a par of $10 per share. A month later, Elroy resold 450 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 Record the repurchase of own stock. Note Enter debits before credits General Journal Debit Credit View transaction list Journal entry worksheet Record the repurchase of own stock. Note: Enter debits before credits. Event General Journal Debit Credit Record entry Clear entry View general journal View transaction list Journal entry worksheet Record the sale of repurchased stock. Note: Enter debits before credits Event General Journal Debit Credit Record entry Clear entry