Prepare journal entries to record each transaction. Please show all work. Thanks.

Required information PA11-1 Analyzing Accounting Equation Effects, Recording Journal Entries, and Preparing a Partial Balance Sheet Involving Stock Issuance and Purchase Trensactions [LO 11-2 The following nformation appies to the questions displayed below Global Marine obtained a charter from the state in January that authorized 1,000000 shares of common stock, $5 par value During the first year, the company earned $400,000 of net income, declared no dividends, and the following selected transactions occurred in the order given a Issued 100,000 shares of the common stock at $55 cash per share b Reacquired 25,000 shares at $50 cash per share C. Reissued 10,000 shares from treasury for $51 per share d Reissued 10,000 shares from treasury for $49 per share PA11-1 Part 2 2 Prepare journal entries to record each transection (If no entry is required for a transection/event, selact "No Journal Entry Required" in the first account field.)