On January 1, 2022, the stockholders' equity section of Flounder Corporation shows common stock ($7 par value) $2,100,000; paid-in capital in excess of par $1,010,000; and retained earnings $1,190,000. During the year, the following treasury stock transactions occurred. Mar. 1 Purchased 49,000 shares for cash at $15 per share. July 1 Sold 11,500 treasury shares for cash at $17 per share. Sept. 1 Sold 10,500 treasury shares for cash at $14 per share. (a) Journalize the treasury stock transactions. (List all debit entries before credit entries. Record journal entries in the order presented in the problem. )

On January 1. 2022, the stockholders' equity section of Flounder Corporation shows common stock $7 par valoe) $2.100,000;.p9/d-in capital in excess of par $1.010,000, and retained eamings $1.190,000. During the year, the following treasury stock transactlons occurred. Mar: 1 Purchased 49.000 shares for cash at $15 per share. July 1 Sold 11,500 treasury stares for eashat $17 per share. Sept. I Sold 10,500 treatury hares for cath at $14 per share (a) Your anvwer is partialfy correct Journafice the treasury stock transactions. Ust ell debit entriei before aredit enbles Record journol entries in the order preaenced in the problem Credit account vities are outomoticoly indented when amount is entertd. Do not indent mocusily)