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Oregon Outfitters issues 1,800 shares of $1 par value common stock at $18 per share. Later in the year, the company decides to purchase
Oregon Outfitters issues 1,800 shares of $1 par value common stock at $18 per share. Later in the year, the company decides to purchase 210 shares at a cost of $22 per share. (1) Record the original issue of the 1,800 shares, (2) Record the purchase of 210 shares, and (3) Record the entry if Oregon Outfitters resells the 210 shares of treasury stock at $25 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 Journal entry worksheet < 1 2 3 Record the original issue of the 1,800 shares. Note: Enter debits before credits Transaction General Journal Debit Credit
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