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Oregon Outfitters issues 1,400 shares of $1 par value common stock at $21 per share. Later in the year, the company decides to purchase 130

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Oregon Outfitters issues 1,400 shares of $1 par value common stock at $21 per share. Later in the year, the company decides to purchase 130 shares at a cost of $19 per share. (1) Record the original issue of the 1,400 shares, (2) Record the purchase of 130 shares, and (3) Record the entry if Oregon Outfitters resells the 130 shares of treasury stock at $26 per share. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list View journal entry worksheet No Transaction General Journal Credit Debit 29,400 Cash Common Stock Additional Paid-in Capital 1.400 28,000 Treasury Stock Cash Cash Treasury Stock Additional Paid-in Capital

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