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3)

Surfer Girt Clothing Company issues 1,000 shares of $1 par value common stock at $16 per share. Later in the year, the company decides to purchase 100 shares at a cost of $19 per share. Record the purchase of treasury stock. (If no entry is required for a particular transaction/event, select "No Joumal Entry Require in the first account field.) Journal entry worksheet California Surf Clothing Company issues 1,000 shares of $1 par value common stock at $24 per share. Later in the yeat, the company decides to purchase 100 shares at a cost of $27 per share. Record the transaction if California Surf resells the 100 shares of treasury stock at $29 per share. (if no entry is roquired for a particular transoction/event, select "No Journal Entry Required" in the first occount field.) Journal entry worksheet