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On May 3. Zirbal Corporation purchased 6,500 shares of its own stock for $78,000 cash On November 4, Zirbal reissued 1.000 shares of this treasury

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On May 3. Zirbal Corporation purchased 6,500 shares of its own stock for $78,000 cash On November 4, Zirbal reissued 1.000 shares of this treasury stock for $13,000 Prepare the May 3 and November 4 journal entries to record Zirbal's purchase and ressuance of treasury stock. View transaction list Journal entry worksheet

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