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PA 6 . LO 1 4 . 2 EllaJane Corporation was organized several years ago and was authorized to issue 4 , 0 0 0

PA 6. LO 14.2EllaJane Corporation was organized several years ago and was authorized to issue 4,000,000 shares of $50 par value 6% preferred stock. It is also authorized to issue 1,750,000 shares of $1 par value common stock. In its fifth year, the corporation has the following transactions:
Mar. 1 Purchased 1,000 shares of its own common stock at $11 per share
Apr. 10 Reissued 500 shares of its common stock held in the treasury for $15 per share.
Jun. 12 Reissued 500 shares of common stock at $9 per share
Journalize the transactions.

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