for Exercise 13-08 Marigold Corporation purchased from its stockholders 5,900 shares of its own $47 per share, and finally 2,700 shares for $41 per share. previously issued stock for $289,100. It later resold 1,600 shares for $52 per share, then 1,600 more shares Precare journal entries for the purchase of the treasury stock and the three sales of treasury stock (Credit account titles are automatically indented when amount is entered. Do not indent manually,) Account Titles and Explanation Debit Credit To mecord purchase from stockholdcers) To ecord sales of hares at $52 per share