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Grouper Inc. has outstanding 11,100 shares of $10 par value common stock. On July 1, 2020, Grouper reacquired 101 shares at $88 per share. On
Grouper Inc. has outstanding 11,100 shares of $10 par value common stock. On July 1, 2020, Grouper reacquired 101 shares at $88 per share. On September 1, Grouper reissued 61 shares at $91 per share. On November 1, Grouper reissued 40 shares at $86 per share. Prepare Grouper's journal entries to record these transactions using the cost method. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date 11/1/20 Account Titles and Explanation Debit Credit
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