Oregon Outfitters issues $1,700$ shares of $$1$ par value common stock at $$21$ per share. Later in the year, the company decides to reacquire $190$ shares at a cost of $$18$ per share.

Record the original issue of the $1,700$ shares.

Record the purchase of $190$ shares.

Record the entry if Oregon Outfitters resells the $190$ shares of treasury stock at $$24$ per share.

Required:

Record each of these transactions. $($If no entry is required for a particular transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$

Journal entry worksheet

$1$

$2$

$3$

Record the original issue of the $1,700$ shares.

Note: Enter debits before credits.

$\backslash$table$[[$Transaction$,$General Journal,Debit,Credit$],[1,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]$

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