Exercise 11.9 (Algo) Recording Treasury Stock Transactions (LO11-9) Johnston, Inc., engaged in the following transactions involving treasury stock. Feb.10 Purchased for cash 17,000 shares of treasury stock at a price of $26 per share. June 4 Reissued 6,000 shares of treasury stock at a price of $47 per share. Dec.22 Reissued 4,000 shares of treasury stock 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. Required A Required B 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.) View transaction list Journal entry worksheet 1 2 3 Record purchase of treasury stock. W POLCHUULUI CLONICU CU IULIVU VEICOLICU UCLUSE I MIG UCUSUI y Jun J WICU UL Complete this question by entering your answers in the tabs below. Required A Required B Prepare general journal entries to record these transactions. (If no entry is required for a transaction/event, select "No 1 required in the first account field.) View transaction list Journal entry worksheet 1 2 3 > Record purchase of treasury stock. Note: Enter debits before credits Date General Journal Debit Credit Feb 10 Record entry Clear entry View general Journal Required 8 > Complete this question by entering your answers in the tabs below. Required A Required B Compute the amount of retained earnings that should be restricted because of the treasury stock still owned at December 31. Restricted retained earnings