Ostion 12 (4.5 Grades) On January 1, 2021, the stockholders' equily section of Seef Inc was as follows Common stock (510 para), pod to con value $200,000, and retained earnings $150,000 During the year, the following truly stock transactions occurred March 5 Purchased 5,000 shares for cash at $28 por share April 25. Sold 2,000 treasury shares for cash at $30 per share June 25. Sold 3,000 treasury shares for cash at $22 per share Required: Prepare journal entries to record the above treasury stock transactions CLEARLY INDICATE THE DEBITS & CREDITS Example: XYZ Company pays $10,000 cash to purchase and Answer: Dr. Land 10,000 Cr Cash 10.000 For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). Paragraph Arial 10pt 1!! A IX 3!! C V V Activate W Go O WORDS