PB5.

LO 14.2Paydirt Limestone, Incorporated was organized several years ago and was authorized to issue 3,000,000 shares of $40 par value 9% preferred stock. It is also authorized to issue 3,750,000 shares of $2 par value common stock. In its fifth year, the corporation has the following transactions:

Mar. 1	Purchased 2,000 shares of its own common stock at $15 per share
Apr. 10	Reissued 1,000 shares of its common stock held in the treasury for $18 per share.
Jun. 12	Reissued 1,000 shares of common stock at $12 per share

Journalize the transactions.