On May 3, Zirbal Corporation purchased 4,000 shares of its own stock for $36,000 cash On November 4, Zirbal reissued 850 shares of this treasury stock for $8,500 Prepare the May 3 and November 4 journal entries to record Zirbal's purchase and reissuance of treasury stock. View transaction list Journal entry worksheet 1 2 Record the purchase of 4,000 shares of its own stock for $36,000 cash. Note: Enter debits before credits Dato General Journal Debit Credit May 03