Exercise 11-12A Treasury stock transactions LO 11-5 Elroy Corporation repurchased 1,800 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 Event 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 View general journal