on jan 1 2025 intech inc was formed. it authorized to issue 100,009 shares of $10 par common stock. intech immediately issued 20,000 shares of common stock for $22 par share. intech uses cost method to account treasury stock.

1. prepare the journal entry to record issurance of common stock

2. on july 2025, intech repurchased 5000 shares of common stock for treasury for $18/share. prepare the journal entry

3. on october 15 2025. intech reissued 3000 shares at $16/share. prepare the journal entry

4. on october 15 2025. intech reissued 1000 shares at $20/share. prepare the journal entry

5.as of dec 31, 2025 how many shares were authorized, issued, outstanding, and how many went into treasury