Exercise 11.9 (Algo) Recording Treasury Stock Transactions (LO11-9) Johnston, Inc., engaged in the following transactions involving treasury stock. Feb.10 Purchased for eash 17,000 aharen of treasury steck at a price of $29 per share. June 4 Reissued 6,000 shares of treasury stock at a price of $36 per share. Dec,22 Reissued 4,000 ahares of treasury stock at a price of $22 per ahare. a. Prepare general journal entries to record these transactions. b. Compute the amount of retained earnings that should be restricted because of the treasury stock still owned at December 31 . Prepare general journal entries to record these transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Note: Enter debits before credits: Prepare general journal entries to record these transactions. (If no entry is required for a transaction/event, select "No journal entry required in the first account field:) Journal entry worksheet Record sale of treasury stock at $38 per share. Notet Enter debits before credits. Prepare general journal entries to record these transactions, (If no entry is required for a transaction/event, select " No journal entry required" in the first account field:) Journal entry worksheet 1 Record sale of treasury stock at $22 per share. Note: Enter debits before credits. Exercise 11.9 (Algo) Recording Treasury Stock Transactions (LO11-9) Johnston, Inc, engaged in the following transactions involving treasury stock. Feb.10 Purehased for cash 17,000 ehares of treasury stoek at a price of $29 per share. June 4 heissued 6,000 ahares of treasury stoek at a price of 53 per share. Dee.22 Reissued 4,000 shares of treasury stoek at a price of $22 per share. a. Prepare general journal entries to record these transactions. b. Compute the amount of retained earnings that should be restricted because of the treasury stock still owned at December 31. Complete this question by entering your answers in the tabs below. Compute the amount of retained earnings that should be restricted because of the treasury stock still owned at December 31