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Pina Colada Corp, purchased 2050 shares of its $8 par value common stock for $62,320 on August 1. It will hold these in the treasury

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Pina Colada Corp, purchased 2050 shares of its $8 par value common stock for $62,320 on August 1. It will hold these in the treasury until resold Journalize the treasury stock transaction (Credit account titles are automatically indented when amount is entered. Do not indent manually, If no entry is required, select "No Entry for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit Aug 1

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