Journalize the treasury stock transactions. $($Record journal entries in the order presented in the problem. 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 $0$ for the amounts.$)$

Date

Account Titles and Explanation

Debit

CreditOn January $1,2022,$ the stockholders' equity section of Wildhorse Co$.$ shows common stock $($ $$5$ par value$)$ $$1,500,000$; paid$-$in capital

in excess of par $$1,090,000$; and retained earnings $$1,250,000.$ During the year, the following treasury stock transactions occurred.

Mar. $1$ Purchased $49,000$ shares for cash at $$15$ per share.

July $1$ Sold $11,000$ treasury shares for cash at $$17$ per share.

Sept. $1$ Sold $9,000$ treasury shares for cash at $$14$ per share.