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kysong Corporation has outstanding 22,000 shares of $5 par value common stock. On August 1, 2017, Skysong reacquired 210 shares at $80 per share. On
kysong Corporation has outstanding 22,000 shares of $5 par value common stock. On August 1, 2017, Skysong reacquired 210 shares at $80 per share. On November 1, Skysong reissued the 210 shares at $68 per share. Skysong had no previous treasury stock transactions. Prepare Skysongs 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 0 for the amounts.)
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