omework - Chapter 11 6 Worldwide Company obtained a charter from the state in January that authorized 200,000 shares of common stock, $10 par value. During the first year, the company earned $38,100, declared no dividends, and the following selected transactions occurred in the order given: a. Issued 59,000 shares of the common stock at $13 cash per share. b. Reacquired 1,900 shares at $16 cash per share from stockholders, the shares are now held in treasury c. Reissued 950 of the shares in transaction (b) two months later at $19 cash per share. 2. Prepare journal entries to record each transaction. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 0 Record the issuance of 59,000 shares of common stock with a par value $10 for a price of $13 per share. Debit Credit ransaction 2. Prepare journal entries to record each transaction. (f no entry is required for a transaction/eve Required" in the first account field.) Part 1 of 2 View transaction list 0.71 points Journal entry worksheet 2 Record the purchase of 1,900 shares of previously issued common stock for a price of $16 per share. Print Note: Enter debits before credits. Debit Credit General Journal ransaction View general journal Clear entry Record entry View transaction list Journal entry worksheet 2 Record the re-issuance of 950 shares of treasury stock previously purchased for a price of $16 per share and sold for $19 per share. Note: Enter debits before credits. es Transaction General Journal Debit Credit View general journal Clear entry Record entry