Feb. 1	Purchased 580 shares of the companys own common stock at $38 cash per share; the stock is now held in treasury.
July 15	Issued 190 of the shares purchased on February 1 for $48 cash per share.
Sept. 1	Issued 150 more of the shares purchased on February 1 for $33 cash per share.

E11-8 Recording Treasury Stock Transactions and Analyzing Their Impact [LO 11-2, LO 11-3 The folowing infomation applies to the questions displayed below The following selected transactions occurred for Comer Corporation Feb.1 Purchased 580 shares of the company's own common stock at $38 cash per share: the stock is July 15 Issued 190 of the shares purchased on February 1for $48 cash per share now held in treasury Sept 1 Issued 150 more of the shares purchased on February 1 for $33 cash per share References Section Break E11-8 Recording Treasury Stock Transactions and Analyzing Their Impact [LO 11-2, LO 11-3 2.50 points E11-8 Part 1 Required: 1. Indicating the account, amount and direction of the effect for the above transactions. (Enter any decreases to account balances with a minus sign.) ssets Feb. 1 July 15 Sept 1