Previously, Milad Corporation issued 5,000 shares of $0.05 par value common stock for $10 per share. Today, the company repurchased 1,000 shares of its stock for $25 per share. Prepare the appropriate journal entry to record the repurchase of the shares. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < 1 Record the repurchase of 1,000 shares of its own stock for $25 per share. Note: Enter debits before credits. Transaction A General Journal Debit Credit Record entry Clear entry View general journal