Knowledge Check 01 repurchased 1,000 shares of its stock for $25 per share. Prepare the appropriate journal entry to record the repurchase of the shares, ( no entry is required for a transaction/event, select ly Milad Corporation issued 5,000 shares of $005 par value common stock for $10 per share. Today, the company No Journal Entry Required" in the first account field.) Journal entry worksheet Record the repurchase of 1,000 shares of its own stock for $25 per share. debits before