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Justice Inc. began 2020 with the following account balances: E: (Click the icon to view the account balances.) Account balances In early 2020, Justice Inc.

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Justice Inc. began 2020 with the following account balances: E: (Click the icon to view the account balances.) Account balances In early 2020, Justice Inc. reported the following transactions: (Click the icon to view the transactions.) Common shares, 170,000 shares authorized 70,000 issued $ 2,030,000 Record journal entries for the above transactions. Retained earnings 790,000 Jan. 10: Repurchased 7,000 of its own shares for $36 per share. Record the journal entry. (Record debits first, then credits. Exclude explanations from journal entries.) Journal Entry Print Done Date Accounts Debit Credit Jan. 10 Transactions Jan. 10 Feb. 20 Repurchased 7,000 of its own shares for $36 per share. Sold 1,500 of the repurchased shares for $37 per share. Sold the remaining repurchased shares for $26 per share. Mar. 30 Print Done

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